XRPUSD is currently sitting inside a strong demand zone between 2.15 – 2.22, as highlighted by the brown box. This zone has historically attracted buyers, and we're seeing signs of accumulation again after a liquidity sweep below.
🔥 Key Zones to Watch:
Demand Zone (Buy Area): 2.15 – 2.22 ✅
Immediate Resistance: 2.3124
Mid Target: 2.3681 (next key S/R flip zone)
Major Target Zone (Supply): 2.58 – 2.60 🚀
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📌 Bullish Scenario:
If XRP holds above 2.15, we could see a move to reclaim 2.31 and then test 2.36. A clean break and retest of that level opens the door to the 2.58 – 2.60 area, where heavy selling pressure previously emerged.
🧠 Smart Money Accumulation?
This structure looks like a liquidity grab below key lows, followed by slow re-accumulation – a classic setup for a rally.
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📉 Bearish Risk:
A confirmed break below 2.15 with volume could invalidate the bullish thesis. Watch for volume and candle reactions in this range.
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📅 Fundamental Catalyst Alert:
With multiple high-impact USD news events between June 3 – June 7, expect volatility. Use caution and proper risk management.
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📈 My Plan:
Long from the demand zone, targeting 2.36 and 2.58, with a tight SL below 2.14.
---
💬 What do YOU think?
Will XRP break out from here or fake us out again?
👇 Drop your thoughts, analysis, or charts in the comments!
🔁 Like & Follow FrankFx14 for more setups like this every day.
#XRP #Ripple #Crypto #TradingView #PriceAction #LuxAlgo #Altcoins #TechnicalAnalysis #BTC #ETH #Forex #SupplyAndDemand
🔥 Key Zones to Watch:
Demand Zone (Buy Area): 2.15 – 2.22 ✅
Immediate Resistance: 2.3124
Mid Target: 2.3681 (next key S/R flip zone)
Major Target Zone (Supply): 2.58 – 2.60 🚀
---
📌 Bullish Scenario:
If XRP holds above 2.15, we could see a move to reclaim 2.31 and then test 2.36. A clean break and retest of that level opens the door to the 2.58 – 2.60 area, where heavy selling pressure previously emerged.
🧠 Smart Money Accumulation?
This structure looks like a liquidity grab below key lows, followed by slow re-accumulation – a classic setup for a rally.
---
📉 Bearish Risk:
A confirmed break below 2.15 with volume could invalidate the bullish thesis. Watch for volume and candle reactions in this range.
---
📅 Fundamental Catalyst Alert:
With multiple high-impact USD news events between June 3 – June 7, expect volatility. Use caution and proper risk management.
---
📈 My Plan:
Long from the demand zone, targeting 2.36 and 2.58, with a tight SL below 2.14.
---
💬 What do YOU think?
Will XRP break out from here or fake us out again?
👇 Drop your thoughts, analysis, or charts in the comments!
🔁 Like & Follow FrankFx14 for more setups like this every day.
#XRP #Ripple #Crypto #TradingView #PriceAction #LuxAlgo #Altcoins #TechnicalAnalysis #BTC #ETH #Forex #SupplyAndDemand
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免責聲明
這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。