$XRP is showing a recovery after hitting local support at 1.3778. However it is currently approaching a minor resistance cluster near the 1.4350 mark.



​Here is the trade setup based on the current price action:
​XRP/USDT Trade Setup (Short-Term)
​Market Direction: Bullish Retracement / Recovery. The price has formed a "V-shaped" recovery from the $1.37 level, currently trading above the moving averages.

​Entry Zone: $1.4150 – $1.4250. (Looking for a slight pullback to the EMA/MA support or a consolidation break).

​Stop Loss: $1.3750 (Just below the recent swing low to protect against a trend reversal).

​Take-Profit (TP) Targets:
​TP1: $1.4450 (Near-term resistance/recent lower high).
​TP2: $1.4570 (Major 4H wick resistance).
​TP3: $1.4800 (Psychological level and extension target).

​Trader's Note: Volume is steady but not explosive. If the price fails to hold above $1.41, the recovery may be a "dead cat bounce," and we could see a retest of the $1.37 support floor. Trade with caution.
XRP2.88%
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