The Trust Layer for Market Analysts

The analysis focuses on XRPUSDT on the daily chart, identifying a potential bullish reversal pattern. The price has been in a downtrend but has reached a significant support zone between $1.80 and $1.90. A key resistance area is noted around $2.08-$2.10, where previous selling pressure was observed. A break above this resistance with increasing volume could signal a move higher, potentially targeting the $2.30-$2.50 range. The short-term outlook suggests a possible ABC correction, with a bullish impulse expected if the price holds above the identified support. However, a break below $1.77 would invalidate the bullish scenario.