XRPUSDT Chart Analysis (as of April 5, 2025)

📉 General Trend:
This is a short-term chart (1H timeframe).

The market is moving sideways with high volatility – no clear trend, but a range-bound movement between support and resistance levels.

A directional breakout may be coming soon.

🔍 Support and Resistance Levels:
🔵 Support:
2.0472 USDT – Key support with BOS and Discount zone.

2.000 USDT – Strong Low + PM area below.

1.920–1.950 USDT – Historical demand zone.

🔴 Resistance:
2.2244 USDT – Equilibrium zone + PDH.

2.3556 USDT – Significant resistance with supply block.

2.4978 USDT – Upper resistance level.

2.7461 USDT – Strong resistance from previous highs.

3.00–3.20 USDT – Major Premium zone with PM and Weak High.

🎯 Short-Term Price Forecast (1–2 Days):
If a breakout to the upside occurs:
First target – 2.22 USDT, then 2.35 USDT.

If a breakdown occurs:
First target – 2.04 USDT, then 2.00 USDT.

📉 Short Trade Setup:
Entry: Around 2.22–2.23 USDT (PDH + resistance + potential BOS)

Take Profit: 2.05 USDT

Stop Loss: Above 2.25 USDT

Risk-to-Reward Ratio: ≈ 1:2

Trigger: Bearish rejection candle or BOS near resistance.

📈 Long Trade Setup:
Entry: Between 2.04 – 2.06 USDT (demand zone + lower BOS)

Take Profit: 2.22–2.24 USDT

Stop Loss: Below 2.00 USDT

Risk-to-Reward Ratio: ≈ 1:2.5

Trigger: Bullish hammer or confirmation candle with increasing volume.

🔻 Lowest Expected Price:
If 2.00 USDT breaks down, price could fall toward the 1.90–1.92 USDT zone.

🔁 Potential Reversal Zones:
High probability of reversal around 2.04–2.05 USDT, a key local low in a discount zone.

Another bullish reversal may form if the price breaks and holds above 2.24–2.25 USDT with confirmation.

🧠 Additional Notes:
The chart includes many Smart Money Concepts (SMC): BOS, CHoCH, EQH, etc.

There’s a clear battle between bulls and bears – we must wait for a confirmed breakout or breakdown.

Volume is balanced – not indicating a strong impulsive move yet.