XRP Bulls Eye $2.12 as Key Support Level Holds

XRP is eyeing a price target of $2.12 as its bulls defend a key support level.

Analyst Nebraskangooner has identified a bullish setup in XRP's chart, with an entry point around $1.43 and a stop loss near $1.31.

This would give the trade a risk-reward ratio of roughly 5.8:1, with the potential for a 48.1% gain if the price reaches its target.

The key level to watch is XRP's 99-day simple moving average (99 SMA), which is currently acting as support at around $1.31-$1.32.