XRP/USD – Key Levels & Bullish Breakout Potential?

17 lut

We are currently seeing a retracement in XRP/USD, approaching a critical Fair Value Gap (FVG) at $2.50, which could act as a key demand zone before a potential bullish move. This area aligns with a significant liquidity pool and offers a strong potential entry for long positions.

🔹 $2.50 Fair Value Gap – Key Level for Support
This area represents an imbalance that price might fill before resuming an uptrend. A strong reaction from this level would signal buyer interest, making it an ideal zone to look for confirmations of bullish momentum.

🔹 Breakout & Retest of Resistance – Bullish Confirmation
A successful break above the descending resistance trendline, followed by a retest and confirmation of support, would provide strong bullish confluence. This move could trigger an upside rally toward the next major Fair Value Gap at $3.00, which aligns with previous liquidity zones and historical resistance levels.

🎯 Target: $3.00 Key Level
If XRP reclaims this area and maintains bullish structure, we could see an extended move toward higher highs, with further price discovery beyond $3.00.

📌 Trading Plan:
✅ Watch for a reaction at $2.50 – ideal entry zone for longs
✅ Breakout and retest of the resistance line = strong bullish signal
✅ Target $3.00 FVG as the next major level

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18 lut

Zlecenie aktywne

We filled up the gap, now it time to rise!

20 lut

Transakcja zamknięta: osiągnięto wyznaczony cel

XRP bounced really nice from the marked imbalance zone and is now again facing resistance at the trendline. Im closing the trade