Long

XRP/USDT 1H: Bulls Gearing Up for a Break to $3.35

XRP/USDT 1H Chart Analysis
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Current Price: $3.18

Market Structure:

Bullish momentum building with higher lows forming after retest of $3.10 support.

Key Levels:

Support: $3.10
Resistance: $3.35 (premium zone)
Stop Loss: Below $3.05
Targets:
T1: $3.35
T2: $3.40

Technical Highlights:

RSI: 56.85, neutral with room for upside.
Hidden bullish divergence forming on RSI, supporting reversal potential.

Trade Setup:

Entry Zone: $3.15-$3.18
Risk Score: 6/10 (moderate).

Market Maker Activity:

Signs of accumulation at $3.10 support.
Likely targeting premium zone at $3.35-$3.40.

Recommendation:

Enter long position after confirmation above $3.20.
Monitor volume for additional bullish confirmation.
Confidence Level: 7.5/10 for bullish continuation.

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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.

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.