XRP/USD is currently trading at 2.19400 on the 4-hour timeframe. Price action has recently broken above a key consolidation range but is now pulling back to retest the breakout zone.
If support between 2.18880 and 2.08373 holds, XRP could initiate a strong bullish rally towards the upside targets marked on the chart:
2.29387 (first resistance)
2.40995 (next resistance)
2.51803 (major target)
The scenario expects a minor dip toward support before a bullish continuation toward the projected levels.
Key Support Zones:
2.18880
2.08373
Key Resistance Levels:
2.29387
2.40995
2.51803
Idea:
Traders should monitor price action closely around the retest zone. A strong bullish rejection from support could offer a high-probability long opportunity toward the higher targets.