XRP / TetherUS
Long
Updated

XRP Approaching Key Supply Zone: Break or Reject?

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Bullish Scenario
A bullish continuation becomes likely only if price breaks and closes above the $2.12–$2.18 S&D zone.

If that happens:
  • Buyers regain control
  • A retest could confirm support
  • Next target -> descending trendline at $2.35–$2.45


Conclusion:
Break S&D -> Long toward the descending trendline.

Bearish Scenario
If price rejects from the S&D zone and fails to reclaim $2.12–$2.18:
  • Momentum shifts back to the downside
  • Price may retest the $1.90–$1.92 zone, the most recent low
  • Further breakdown could lead to new cycle weakness

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