XRP/USDT 1H Chart Analysis
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Current Market Structure:
Bullish trend confirmed after a liquidity sweep at 2.65.
Smart Money Activity: Accumulation phase evident with clear order blocks around 3.12.
Risk Score: 7/10 (favorable setup).
Trade Setup:
Entry Zone: 3.17 – 3.18 (current price).
Targets:
T1: 3.25 (premium zone).
T2: 3.35 (previous high).
Stop Loss: Below 3.11 (recent order block).
Key Observations:
RSI: Bullish divergence forming at 57, supporting upside potential.
Premium Zone: Identified at 3.20 – 3.25.
Market Maker Intent: Targeting liquidity above 3.35.
No bearish divergences present, further supporting bullish bias.
Recommendation:
Long positions favorable within the 3.17 – 3.18 range.
Maintain tight stops below 3.11 to limit downside risk.
Watch for volume confirmation to strengthen confidence in the breakout.
Confidence Level: 8/10 for bullish continuation.
🚀 Follow me on TradingView if you respect our charts 📈Daily new charts!,# XRP/USDT 1H Chart Analysis
## Current Market Structure
– **Trend Confirmation**: A bullish trend has been confirmed following a liquidity sweep at the level of 2.65.
– **Smart Money Accumulation**: Evidence of accumulation is present, with distinct order blocks identified around 3.12.
– **Risk Assessment**: The current risk score is rated at 7/10, indicating a favorable trading setup.
## Trade Setup
– **Entry Zone**: Target entry point is identified between 3.17 and 3.18, which aligns with current pricing.
– **Target Levels**:
– **T1**: 3.25 (located within a premium zone).
– **T2**: 3.35 (previous high, indicative of strong resistance).
– **Stop Loss Placement**: Recommended stop loss set below 3.11, within the context of a recent order block.
## Key Observations
– **RSI Indicator**: A bullish divergence has formed at an RSI level of 57, indicating potential for upward movement.
– **Premium Zone Definition**: The premium zone has been established at 3.20 – 3.25, contributing to future trade targets.
– **Market Maker Movements**: Creators are likely targeting liquidity above the 3.35 mark.
– **Absence of Bearish Signals**: Currently, no bearish divergences are indicated, bolstering the bullish outlook.
## Recommendation
– **Position Strategy**: Long positions within the range of 3.17 – 3.18 are advised.
– **Risk Management**: Implement tight stop losses positioned below 3.11 to afford downside protection.
– **Volume Indicators**: Monitor volume trends for confirmation of breakout strength; rising volume would validate bullish sentiment.
### Hot Take
As XRP’s price action reflects a compelling bullish scenario supported by both technical indicators and market sentiment, traders should cautiously enter the market while remaining vigilant of protective measures. With confidence levels at 8/10 for potential bullish continuation, this presents an intriguing opportunity for those willing to navigate the present volatility.
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