XRP Up 28% From Our Support Call – What’s Next?
XRP perfectly respected the FVG 1 zone around $1.60, which we previously marked as a strong support. Since then, price has rebounded over 28% from that level.
Hope you didn’t get caught buying the $2.40–$2.50 zone — as warned, that area showed signs of exhaustion, and price has dropped 30% since.
What’s Next?
If bullish momentum continues, #XRP could revisit the $2.40–$2.50 resistance area. However, this zone may act as a rejection point once again.
From there, we could potentially see a pullback toward $1.30 and $1.00, which aligns with FVG support zones and the 0.5–0.618 Fib retracement levels — key areas where a strong bounce is likely.
🟢 Macro Bias: I remain bullish on XRP/USDT in this cycle and still expect a move toward $7–$10 in the broader bull market. Best entries will likely come during dips into major support zones.
❌ Invalidation Level: This chart setup gets invalidated on an HTF close above $2.50.
Keep it smart — entries on dips, not at tops. 👀
Hope you didn’t get caught buying the $2.40–$2.50 zone — as warned, that area showed signs of exhaustion, and price has dropped 30% since.
What’s Next?
If bullish momentum continues, #XRP could revisit the $2.40–$2.50 resistance area. However, this zone may act as a rejection point once again.
From there, we could potentially see a pullback toward $1.30 and $1.00, which aligns with FVG support zones and the 0.5–0.618 Fib retracement levels — key areas where a strong bounce is likely.
🟢 Macro Bias: I remain bullish on XRP/USDT in this cycle and still expect a move toward $7–$10 in the broader bull market. Best entries will likely come during dips into major support zones.
❌ Invalidation Level: This chart setup gets invalidated on an HTF close above $2.50.
Keep it smart — entries on dips, not at tops. 👀
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Twitter: twitter.com/CryptoPatel
Telegram: t.me/OfficialCryptoPatel
Instagram: instagram.com/cryptopatel?utm_medium=copy_link
Telegram: t.me/OfficialCryptoPatel
Instagram: instagram.com/cryptopatel?utm_medium=copy_link
Pubblicazioni correlate
Declinazione di responsabilità
Le informazioni e le pubblicazioni non sono intese come, e non costituiscono, consulenza o raccomandazioni finanziarie, di investimento, di trading o di altro tipo fornite o approvate da TradingView. Per ulteriori informazioni, consultare i Termini di utilizzo.
