XRP/USD Daily Chart Analysis

 XRP has just formed a Gravestone Doji on the daily chart, right above the $2.09 support level, indicating strong indecision between buyers and sellers. 

(Source Trading View)

This candle pattern at a key level often signals a potential reversal or continuation depending on the next candle's movement.

If the next daily candle breaks above the high of the Doji (around $2.24), it could trigger a bullish breakout, potentially leading XRP to test the next major resistance zone near $2.70

A successful breakout above that could even open doors toward the $3.00+ area if momentum builds.

However, if XRP fails to break above the Doji high and closes below the support zone of $2.09, it may signal weakness and lead to a pullback toward $1.95. The next significant support below that lies around $1.79.

Key Levels:

  • Support: $2.09, $1.95, $1.79

  • Resistance: $2.40 (minor), $2.70, $3.00+

Conclusion:

The Gravestone Doji is a critical signal at this point. 


Watch closely how the next daily candle behaves—a bullish break can drive XRP toward $2.70, while a rejection may result in a retracement back to $1.95.

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