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Xrpusdshort

XRPUSDT Consolidation Within Ascending Support – The chart shows higher lows forming along an ascending trendline, suggesting underlying bullish pressure despite previous lower highs. Price is currently consolidating inside a rectangle pattern (green zone), sitting above the key support near $2.98. The red resistance zone around $3.57 is a major breakout point — a successful breach could lead to a strong bullish move. The PPO indicator is showing a slight recovery from negative territory, indicating momentum is attempting to shift upward. If price fails to break out, a retest of the ascending trendline or the grey demand zone below $3.00 could occur before the next attempt upward. Overall, XRP is coiling for a breakout, with $3.57 as the key resistance to watch and $2.98 as critical support.
by KingProTrader
XRP/USDT Potential Reversal Zone —  “Bottom Tested, Bullish!📉 Chart Analysis Summary The divided chart indicates XRP trading between a critical support zone near $3.05–$3.09 and overhead resistance around $3.19–$3.23, forming what could be a bullish pennant or descending wedge setup on the 30-minute timeframe: Support Zone (~$3.05–$3.09): Price retested this level multiple times (labeled as “$$$” and “c”), clearly identifying a demand zone. Ichimoku cloud support lies nearby, adding technical relevance to the floor. Resistance Trendline & Green Line (~$3.19–$3.23): A descending trendline is visible, showing lower highs and building compression. A breakout above this resistance zone is necessary to signal bullish continuation. Projected Path: The schematic arrow suggests a bounce off support, followed by consolidation, and then a breakout above resistance, targeting the $3.25–$3.30+ zone and potentially higher. 🔍 Context from Recent Market Commentary Support Holding Above $3.11–$3.15: Analysts highlight strong support around $3.11–$3.15, where institutional and retail interest appears concentrated TradingView +13 TradingView +13 CoinCentral +13 . Resistance & Consolidation at $3.30: While XRP briefly surpassed $3.30, it encountered rejection and remains rangebound. A confirmed break beyond this level could validate the bullish carry-forward CryptoPotato CoinDesk . Wave-Elliott Bull Case: Various Elliott Wave scenarios forecast targets as high as $5.25, $6.85, or even $10–$15 should Wave 5 materialize, though this depends on market strength and momentum CoinCentral . ✅ Trading Outlook Bullish Scenario: Bounce off $3.05–$3.15 support. Break above $3.23–$3.30 resistance. Potential upside targets: Near term: $3.30–$3.40. Medium term: $4.64 or $5–$6, with strong case for $6.85 if momentum and on-chain demand strengthen CryptoPotato +15 TECHi +15 CoinGape +15 . Bearish Scenario: Failure to hold $3.05–$3.11 risk retest toward $2.95 or lower zones ($2.30–$2.70) TECHi . 🧭 What to Watch Key Level Role $3.05–$3.11 Critical support/demand zone $3.19–$3.23 Short‑term resistance/framing compression ~$3.30+ Confirm bullish breakout — key trigger for Wave 5 and higher targets 🧠 Overall Take This chart is painting a classic consolidation near strong support with a visible descending upper boundary. If XRP holds the ~$3.05 zone and breaks above $3.23–$3.30 with conviction, it could initiate a bull move toward $3.40–$4.00, and potentially even $5–$6+ depending on volume and momentum. However, breaks below $3.11 may open deeper downside risk. For many traders, this is a simple risk-reward setup: entry near the lower channel with a stop under $3.05 and initial profit targets at $3.30–$3.40.
Long
by KingProTrader
XRP Still in Buy Zone – Eyes on $2.50+our chart clearly marks that XRP has bounced off a strong buy zone (around the $2.10–$2.15 range), aligning well with a classic setup: price hitting support, creating a small base, and starting an upward rotation. 👇 Support area respected – The highlighted circle shows XRP revisiting the demand zone and quickly rebounding, very bullish behavior. Lower wicks & volume spike – Indicate absorption of selling pressure and possible institutional interest. Green arrow projection – Suggests a break above the immediate resistance (~$2.17 EMA/Ichimoku levels) could trigger a rally toward the next resistances around $2.22, $2.47, and potentially $2.63. “Still in buy zone” annotation – Absolutely valid: as long as XRP stays above that key base ($≈$2.10), the bullish case holds. 🔍 Market Context Range consolidation between ~$2.10–$2.30 has been the dominant theme, awaiting a breakout catalyst (e.g., ETF approvals or legal clarity) thecryptobasic.com +14 fxempire.com +14 crypto.news +14 . Analysts highlight a falling wedge and support zone between $2.00–$2.20—if price holds, a move toward $3–$4 is plausible . A range-bound weekly outlook anticipates a push toward $2.50 resistance before exploring higher targets . ✔️ Summary Buy zone holding: Bullish pattern confirmed with rebound from support. Key resistance levels: Watch for a breakout above $2.17/EMA and then $2.22–$2.30/$2.50. Ideal strategy: Maintain position above support; add on breakout, targeting $2.50–$3.00. Risk points: A drop below $2.10 could test $2.00 or even $1.85 support.
Long
by KingProTrader
Most saw weakness. I saw a fully-formed draw on liquidity.XRP just tapped the bottom of a 1D Fair Value Gap (FVG) — and with that, the stage is set. The move down into 2.0758 wasn’t failure. It was function. That leg completed the imbalance left behind from May’s impulse, sweeping resting liquidity in the process. Classic Smart Money delivery — efficient and controlled. Now price sits in discount. The first bounce into 2.2027 was reactionary. But the next move through that level opens the door toward 2.3614 — the 1D OB and origin of the last major sell-side sequence. That's the draw. That’s where Smart Money is aiming. Above it, we sit under a high-volume void, and a clean 0.382 retracement (2.4344). That’s where I'll be taking partials and re-evaluating. If we reject from there? I’m ready for the rebalance. But I’m not assuming it — I’m following delivery. Execution framework: 🔑 Entry: Reactive or confirmation entry from 2.0758–2.2027 zone 🎯 Target 1: 2.3614 (OB) 🎯 Target 2: 2.4344 (liquidity magnet) ❌ Invalidation: Full body closure below 1.9510 — invalidates structure and intent I don’t trade the wick. I trade the imbalance behind it. Precision isn’t about prediction. It’s about understanding the game.
by SmartFlowsI