XRP has just bounced perfectly off the demand zone between $2.3124 and $2.3387, forming a potential bullish reversal setup. This zone has been respected previously, and we’re seeing strong signs of buyer interest returning.
Using LuxAlgo’s Supply & Demand tool, we’ve identified clear liquidity blocks overhead. A clean break and retest above $2.38 could open the doors to a push toward $2.4939 and possibly the supply cluster at $2.6031.
Bullish Confirmation Setup:
Reclaim of $2.38 support
Volume spike during push
Bullish candle close above lower resistance
Risk Management Idea:
SL below $2.3120 | TP1: $2.4939 | TP2: $2.6031
What’s Your XRP Target This Week?
Drop a comment and share your bias—bullish or bearish? Don’t forget to like this idea if it helped shape your strategy!
#XRP #XRPUSD #CryptoAnalysis #Ripple #SupplyAndDemand #LuxAlgo #TechnicalAnalysis #BreakoutTrade #FrankFx14 #CryptoTrading
Using LuxAlgo’s Supply & Demand tool, we’ve identified clear liquidity blocks overhead. A clean break and retest above $2.38 could open the doors to a push toward $2.4939 and possibly the supply cluster at $2.6031.
Bullish Confirmation Setup:
Reclaim of $2.38 support
Volume spike during push
Bullish candle close above lower resistance
Risk Management Idea:
SL below $2.3120 | TP1: $2.4939 | TP2: $2.6031
What’s Your XRP Target This Week?
Drop a comment and share your bias—bullish or bearish? Don’t forget to like this idea if it helped shape your strategy!
#XRP #XRPUSD #CryptoAnalysis #Ripple #SupplyAndDemand #LuxAlgo #TechnicalAnalysis #BreakoutTrade #FrankFx14 #CryptoTrading
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