XRP - FVG retest & Breakout Potential?

เมื่อวาน

XRP is currently trading within a consolidation pattern and could be setting up for a bullish move. Before this happens, we anticipate a potential retracement to fill 50% of the 1-hour gap, which could act as a short-term support zone. If buyers step in at this level, we could see a strong reaction leading to a bullish continuation and a possible breakout above the current structure.

However, if the 50% gap fill does not hold, price may dip further into the lower support zone near the black ascending trendline, where we could see a deeper correction. This level also aligns with a previous liquidity area and a full gap-fill, making it a strong demand zone. If price taps into this area and shows bullish confirmation, it could provide another opportunity for long positions.

A successful bounce from either of these support levels could lead to a breakout of the current pattern, triggering the next bullish move higher. If price clears the upper resistance trendline, we could see strong momentum driving price further to the upside. However, if both support levels fail, further downside would be expected, invalidating the bullish setup.

21 ชั่วโมงที่ผ่านมา

บันทึก

Very nice tap in to the bottom gap, bullish move incoming?

10 ชั่วโมงที่ผ่านมา

การซื้อขายยังคงดำเนินอยู่

Price reached the bottom gap yesterday and its looking more bullish currently.