We are currently seeing a retracement in XRP/USD, approaching a critical Fair Value Gap (FVG) at $2.50, which could act as a key demand zone before a potential bullish move. This area aligns with a significant liquidity pool and offers a strong potential entry for long positions.
🔹 $2.50 Fair Value Gap – Key Level for Support
This area represents an imbalance that price might fill before resuming an uptrend. A strong reaction from this level would signal buyer interest, making it an ideal zone to look for confirmations of bullish momentum.
🔹 Breakout & Retest of Resistance – Bullish Confirmation
A successful break above the descending resistance trendline, followed by a retest and confirmation of support, would provide strong bullish confluence. This move could trigger an upside rally toward the next major Fair Value Gap at $3.00, which aligns with previous liquidity zones and historical resistance levels.
🎯 Target: $3.00 Key Level
If XRP reclaims this area and maintains bullish structure, we could see an extended move toward higher highs, with further price discovery beyond $3.00.
📌 Trading Plan:
✅ Watch for a reaction at $2.50 – ideal entry zone for longs
✅ Breakout and retest of the resistance line = strong bullish signal
✅ Target $3.00 FVG as the next major level
__________________________________________
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🔹 $2.50 Fair Value Gap – Key Level for Support
This area represents an imbalance that price might fill before resuming an uptrend. A strong reaction from this level would signal buyer interest, making it an ideal zone to look for confirmations of bullish momentum.
🔹 Breakout & Retest of Resistance – Bullish Confirmation
A successful break above the descending resistance trendline, followed by a retest and confirmation of support, would provide strong bullish confluence. This move could trigger an upside rally toward the next major Fair Value Gap at $3.00, which aligns with previous liquidity zones and historical resistance levels.
🎯 Target: $3.00 Key Level
If XRP reclaims this area and maintains bullish structure, we could see an extended move toward higher highs, with further price discovery beyond $3.00.
📌 Trading Plan:
✅ Watch for a reaction at $2.50 – ideal entry zone for longs
✅ Breakout and retest of the resistance line = strong bullish signal
✅ Target $3.00 FVG as the next major level
__________________________________________
Thanks for your support!
If you found this idea helpful or learned something new, drop a like 👍 and leave a comment—I’d love to hear your thoughts! 🚀
Make sure to follow me for more price action insights, free indicators, and trading strategies. Let’s grow and trade smarter together! 📈✨
Trade active
We filled up the gap, now it time to rise!Trade closed: target reached
XRP bounced really nice from the marked imbalance zone and is now again facing resistance at the trendline. Im closing the trade
𝟔 𝐘𝐄𝐀𝐑𝐒 𝐄𝐗𝐏𝐄𝐑𝐈𝐄𝐍𝐂𝐄𝐃 𝐓𝐑𝐀𝐃𝐄𝐑
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💎 Free Signals
t.me/codeandcandle
🎁 Free trading Discord community
bit.ly/TehThomas
✅ Best exchange - 20% cashback
bit.ly/BloFin20
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.
𝟔 𝐘𝐄𝐀𝐑𝐒 𝐄𝐗𝐏𝐄𝐑𝐈𝐄𝐍𝐂𝐄𝐃 𝐓𝐑𝐀𝐃𝐄𝐑
💎 Free Signals
t.me/codeandcandle
🎁 Free trading Discord community
bit.ly/TehThomas
✅ Best exchange - 20% cashback
bit.ly/BloFin20
💎 Free Signals
t.me/codeandcandle
🎁 Free trading Discord community
bit.ly/TehThomas
✅ Best exchange - 20% cashback
bit.ly/BloFin20
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.