XRP is currently in a pullback phase. The next high-probability long setup is at the 0.786 Fibonacci retracement, aligning with a Sell-Side Liquidity (SSL) zone.
🟢 Long Trade Setup
💡 Educational Insight
Sell-Side Liquidity (SSL) represents the pool of stop-losses and pending buy orders resting below recent swing lows. Price often seeks these liquidity pockets before reversing.
The 0.786 retracement aligns with this SSL zone, creating a high-probability setup.
However, confirmation should come from order flow → monitoring absorption, delta shifts, or footprint imbalances at this level will validate whether buyers are stepping in before entering.
🔍 Indicators used:
➡️ Available for free. You can find it on my profile under “Scripts” and apply it directly to your charts for extra confluence when planning your trades.
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🟢 Long Trade Setup
- Entry Zone: 0.786 retracement
- Stop-Loss: Below $2.80
- Take-Profit 1: $3.00 (mOpen)
💡 Educational Insight
Sell-Side Liquidity (SSL) represents the pool of stop-losses and pending buy orders resting below recent swing lows. Price often seeks these liquidity pockets before reversing.
The 0.786 retracement aligns with this SSL zone, creating a high-probability setup.
However, confirmation should come from order flow → monitoring absorption, delta shifts, or footprint imbalances at this level will validate whether buyers are stepping in before entering.
🔍 Indicators used:
- DriftLine — Pivot Open Zones → For identifying key yearly/monthly/weekly/daily opens that act as major S/R reference points
➡️ Available for free. You can find it on my profile under “Scripts” and apply it directly to your charts for extra confluence when planning your trades.
_________________________________
💬 If you found this helpful, drop a like and comment!
Note
XRP Update — $3 Level in FocusThe setup played out nicely! XRP completed the 5th wave down toward the 0.886 fib retracement before reversing. Price rallied back to $2.99, just under the $3 psychological level, lining up with the 0.618 Fib retracement of the 5-wave move → TP1 hit.
Now, the key for bullish continuation is clear: XRP must reclaim $3 and flip it into support. A successful flip opens the door for further upside momentum.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
🏆 Mastering Fibonacci for precision trading
🔹 Sharing high-probability trade setups
⚡ Unlock the power of technical analysis!
🔹 Sharing high-probability trade setups
⚡ Unlock the power of technical analysis!
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.