XRP/USDT 1H: Bullish Recovery in Play – Next Resistance $2.75??!

XRP/USDT 1H: Bullish Recovery in Play – Next Key Resistance $2.75?
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Current Market Condition:
Price at $2.67 showing bullish momentum with a strong recovery from $2.50 support.
Market structure indicates the accumulation phase is complete, entering a markup phase.

Smart Money Analysis:
MM accumulation visible in the $2.50-2.55 zone.
Hidden bullish divergence on RSI confirms underlying strength.
Volume increasing on recent green candles.
Institutional buying pressure evident from OB fills.

Trade Setup (Confidence 8/10):
Entry: $2.67-2.70 zone.
Targets:
T1: $2.80
T2: $2.85
Stop Loss: $2.58 (below recent swing low).

Risk Score:
7/10 – Favorable risk-to-reward with a clear stop loss level.

Recommendation:
Long positions are recommended with tight stops. Watch $2.75 as key resistance.

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