FireHoseReel | XRP Breaks Key Support, Eyes $1.99 Next

🔥 Welcome To FireHoseReel !
Let’s jump into Ripple (XRP) market analysis.

👀 XRP 4H Overview
Compared to most coins in the market, XRP has experienced a sharper sell-off. Based on chart data, it has now broken its dynamic support and is currently moving toward the next dynamic support around $1.9928.

📊 Volume Analysis
XRP volume has declined due to the holiday period, so we rely more on past reactions. Previously, price attempted to defend this zone and bounce higher. This time, however, the level has been broken with a strong sell-off candle.

✍️ XRP Trading Scenarios

🟢 Long Scenario:
A breakout above the local high at $2.2454, supported by strong buying volume, could trigger a sharp upside move.

🔴 Short Scenario:
At the moment, a stop can be defined above the previous 4H candle. For a safer entry, wait for a reaction at $1.9928—if this support breaks with selling pressure, a short setup becomes valid.

🧠 Protect your capital first. No setup is worth blowing your account. If risk isn’t controlled, profit means nothing. Trade with rules, not emotions.