XRP/USDT 1H: Bullish Reversal in Play – Targeting $2.50?

XRP/USDT 1H: Bullish Reversal in Play – Targeting $2.50?
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Market Structure (Confidence Level: 8/10):

• Strong bullish reversal confirmed after testing $1.95 support.
  
• RSI showing multiple bullish divergences, with three "Bull" marks on the indicator, signaling upward momentum.
  

Smart Money Analysis:

• Order block formed at $2.15, confirming demand.
  
• Break of market structure at $2.19, shifting trend bullish.
  
• Institutional accumulation visible in recent volume spikes.
  

Trade Setup:

• Entry: $2.17 - $2.19 (current retest).
  
• Targets:
  
• T1: $2.35 (Fair Value Gap).
  
• T2: $2.50 (major resistance).
  
• Stop Loss: $1.95 (below recent swing low).
  

Risk Score:

• 8/10 – Favorable setup, but recent volatility requires careful execution.
  

Market Maker Activity:

• Currently engineering a stop run above $2.20, likely before a move higher.
  
• Volume profile supports continuation to premium zones.
  

Recommendation:

• Long positions remain favorable in the $2.17 - $2.19 entry range.
  
• Monitor price action near $2.20, as market makers may sweep liquidity before pushing higher.
  
• Manage risk carefully given recent price swings.
  

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