XRP/USDT 1H: Strong Momentum – Targeting $2.80?

XRP/USDT 1H: Analysis
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Current Market Structure:

• Bullish breakout above $2.40 resistance, confirming upward momentum.
  
• Price at $2.48, with RSI at 59.44, indicating strength but not yet overbought.
  

Smart Money Concepts:

• Accumulation seen in the $2.30-$2.40 zone, forming a clear Order Block (OB).
  
• Liquidity likely being engineered for a push toward premium levels.
  

Key Levels:

• Support: $2.30 (Point of Interest - POI).
  
• Resistance: $2.60, $2.80 (premium zone).
  
• Stop Loss: Below $2.28 (recent low).
  
• Targets:
  
• T1: $2.60 (first resistance level).
  
• T2: $2.80 (premium zone).
  

Hidden Divergence:

• Bullish hidden divergence on RSI supports continuation to the upside.
  

Risk Score:

• 8/10 – Strong setup with clear risk-to-reward and well-defined invalidation.
  

Market Maker Intent:

• Smart Money likely accumulating within the demand zone for a move to the premium zone.
  
• Key levels at $2.60 and $2.80 could serve as magnet areas for liquidity grabs.
  

Recommendation:

• Long entry favorable at current price ($2.48).
  
• Maintain tight stops below $2.28 to minimize risk.
  
• Watch for price action near $2.60 for potential reaction before further upside.
  

Confidence Level:

• 8/10 – Strong bullish structure with Smart Money accumulation signals.
  

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