XRP Pullback Offers Buy-on-Weakness Toward $3.38 Retest
I see XRP trading at $3.09 after a 6% pullback; despite the drop, the breakout of key resistance and the SEC settlement keep bullish momentum intact.
Technical setups point to a likely retest of $3.38—this dip looks like a normal retracement and could offer a buying opportunity if support holds above the breakout level.
Analysis
Recommendation
Buy on weakness: consider accumulating on dips toward the breakout support with a defined stop below that level and reassess if the breakout fails or momentum deteriorates.
Disclaimer
The Analysis and recommendations provided are for informational purposes only. Any investment decisions should be made at your own risk. Past performance is not indicative of future results. Always conduct your own research and consider consulting with a financial advisor before making any investment decisions.