XRP/USDT Chart Breakdown:
This chart shows a strong bullish setup forming after a clean liquidity swipe. Price dipped below previous lows into a known support zone and reacted sharply—classic smart money play.
Here’s the sequence playing out:
Triple bottom at strong support: Each dip into the ~$2.00 area has been aggressively bought up. That’s a strong sign of accumulation.
Liquidity swipe ("Swipe Liq / Adding more"): Price wicked below prior lows, likely to trap sellers and collect liquidity. The fact that it bounced immediately after shows buyer interest.
Previous resistance at $2.48 is the first key challenge. That level rejected twice already. If XRP breaks and holds above $2.48, that’s your green light for further upside.
Next levels to watch after $2.48 are $3.00 and $3.40+. These are psychological + technical targets based on previous price reactions.
The pattern in play is a “Bearish In → Bullish Out” structure. If price reclaims structure cleanly and volume supports the move, this can turn into a strong breakout run.
Invalidation is if XRP closes below ~$1.79. That would break structure and confirm sellers are in control again.
Final Thoughts:
This is shaping up as a buy-the-dip strategy with high reward potential. You’ve got support holding multiple times, a clear resistance to flip, and two strong upside targets.
It’s a matter of patience now. Watch for the breakout above $2.48 with strong momentum. If that happens, the bullish continuation to $3 and beyond becomes much more likely.
Want me to do a multi-timeframe confirmation or add indicators like RSI/VWAP/EMA on top of this?
This chart shows a strong bullish setup forming after a clean liquidity swipe. Price dipped below previous lows into a known support zone and reacted sharply—classic smart money play.
Here’s the sequence playing out:
Triple bottom at strong support: Each dip into the ~$2.00 area has been aggressively bought up. That’s a strong sign of accumulation.
Liquidity swipe ("Swipe Liq / Adding more"): Price wicked below prior lows, likely to trap sellers and collect liquidity. The fact that it bounced immediately after shows buyer interest.
Previous resistance at $2.48 is the first key challenge. That level rejected twice already. If XRP breaks and holds above $2.48, that’s your green light for further upside.
Next levels to watch after $2.48 are $3.00 and $3.40+. These are psychological + technical targets based on previous price reactions.
The pattern in play is a “Bearish In → Bullish Out” structure. If price reclaims structure cleanly and volume supports the move, this can turn into a strong breakout run.
Invalidation is if XRP closes below ~$1.79. That would break structure and confirm sellers are in control again.
Final Thoughts:
This is shaping up as a buy-the-dip strategy with high reward potential. You’ve got support holding multiple times, a clear resistance to flip, and two strong upside targets.
It’s a matter of patience now. Watch for the breakout above $2.48 with strong momentum. If that happens, the bullish continuation to $3 and beyond becomes much more likely.
Want me to do a multi-timeframe confirmation or add indicators like RSI/VWAP/EMA on top of this?
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.