XRP price at a crucial decision point – massive breakout coming?

22 lut

XRP is currently trading at a critical support level, sitting within a 4-hour Fair Value Gap (FVG) around the $2.50 mark. This zone has proven to be a strong demand area, with price reacting and bouncing from it multiple times. However, XRP is now approaching a major trendline resistance, meaning a huge move is coming whether bullish or bearish depends on what happens next!

🔥 The Key Levels You Need to Watch Right Now

🟢 Bullish Scenario – A Breakout Could Send XRP Soaring!

• The black descending trendline has been a strong resistance for XRP, capping price movement to the upside.
  
• If price breaks above this trendline and successfully retests it as support, this would confirm a bullish breakout, likely leading to a surge in price.
  
• A successful breakout could see XRP rally towards $2.70, $2.80, and possibly even higher, as there is less resistance above these levels.
  

🔴 Bearish Scenario – FVG Breakdown Could Spell Trouble!

• The 4-hour Fair Value Gap (FVG) around $2.50 is a major support level, and price has already shown significant reactions here.
  
• However, if XRP fails to break above the trendline and instead falls below the FVG zone, this could lead to further downside pressure.
  
• A clean break below $2.50 could send XRP tumbling toward lower support levels, potentially $2.40 or even lower.
  

🚀 What’s Next for XRP? A Big Move is Coming!
With price consolidating between these key levels, a breakout is inevitable. The bullish momentum will be confirmed if price breaks and retests the descending trendline as support. However, if XRP loses the FVG zone, then we could be looking at a shift in trend toward bearish continuation.

Final Thoughts – Get Ready for Volatility!
Right now, XRP is at a make-or-break moment. The next move will likely set the tone for the coming days. Keep an eye on how price interacts with these levels—whichever side breaks first will determine XRP’s next big move!

__________________________________________

Thanks for your support!
If you found this idea helpful or learned something new, drop a like 👍 and leave a comment—I’d love to hear your thoughts! 🚀

Make sure to follow me for more price action insights, free indicators, and trading strategies. Let’s grow and trade smarter together! 📈✨

24 lut

Transakcja zamknięta: osiągnięto wyznaczony cel

We broke below the 4H FVG, which means we took the bearish setup.
As mentioned above, we could see price reach the 2.40 level, which it did.