The chart point towards a bearish short-term outlookOn October 8th is a large red (bearish) candle, indicating significant selling pressure during the day. The price has dropped sharply from the previous day's high, suggesting a rejection from a resistance level.
A rising wedge is typically a bearish reversal pattern. The price appears to have broke
XRP market snapshotXRP is still trading below the 3.1–3.15 zone, which I consider a pullback movement with lower highs. There is strong support in the 2.7–2.8 area with multiple tests. It may turn out that buyers are exhausted.
XRP Ready for a Liquidity Sweep & Explosive RallyXRP Ready for a Liquidity Sweep & Explosive Rally
XRP has tapped into deep buyside liquidity near $2.70, forming a strong low. If this level holds, expect a bullish reversal targeting the $2.95–$3.10 supply zones, with potential continuation to new highs. Watch for FVG fills and OB retests along th
Bullish Trade Setup for XRP/USD - Pattern CompletionThis is a bullish setup based on a harmonic pattern completing, with the price approaching a key resistance zone. Our entry, stop-loss (SL), and take-profit (TP) levels are clearly marked on the chart.
Entry: 3.0628
The entry point is marked when the price reaches the ideal level for the pattern c
XRP/USD Trade Setup: Bearish Position on Technical AnalysisTimeframe: 1 Hour
Entry Price: 3.0229
Take Profit (TP): 2.8769
Stop Loss (SL): 3.1199
1. Market Overview
XRP is currently in a bearish phase, and the price action indicates that a downward continuation is likely. The market has been rejecting higher levels, with strong resistance at the 3.1777 zo
XRP - 3.98 or move is comingXRP is following wave theory and price will see minimum 3.98 will be seen in this up move.
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Summarizing what the indicators are suggesting.
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Displays a symbol's price movements over previous years to identify recurring trends.
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