A strong buying opportunity for Ripple (XRP) in the short term is awaited

XRP is currently moving sideways after continuing its decline,

reaching the current daily demand zone at 1.8263.

Currently, the cryptocurrency is testing strong buying zones on the hourly timeframe.

These zones are located, as shown on the chart, at 1.8647.

We expect to see some upward movement in the near term.

Expected Targets

If the price rises and closes above the level shown at 1.87813,

we expect to see an upward move towards the targets at 1.90600 and 1.93600.

However, if the price breaks and closes below the current demand zone, the decline may continue,

reaching the next demand zone near 1.7975, which is a strong support level.

We expect to see a rebound from this level.

As of now, the cryptocurrency is considered a buy as long as the daily demand zones are not broken.