XRP/USD Long Setup – Bullish Bounce from Key Demand Zone!XRP is showing early signs of a bullish reversal after a strong rejection from the $2.74–$2.90 demand zone. Price has started to push upward, forming a higher low structure on the 4H timeframe, suggesting a possible continuation toward higher levels.
🔍 Technical Breakdown:
Demand Zone (Support): $2.74 – $2.90 (Strong buy zone highlighted in orange)
Current Price: $2.987 (Trading above the demand zone with higher lows forming)
First Target (TP1): $3.231 (key structure resistance)
Second Target (TP2): $3.549 (supply zone where previous selloff began)
✅ Bullish Confluences:
Price bounced cleanly from demand zone
Bullish market structure with higher low
Visible volume support at current levels (LuxAlgo VRVP)
Room to move into imbalance above
📌 Trade Setup:
If momentum continues and XRP holds above $2.90:
Entry Zone: $2.95 – $3.00 (current level)
SL: Below $2.74 (beneath demand zone)
TP1: $3.231
TP2: $3.549
🧠 Notes:
Break and close above $3.231 would open the path to higher levels
Watch for consolidation before breakout
Supply zone at $3.549 is significant — partial TP is wise
🟢 Bias: Bullish
