BINANCE:XRPUSDT.P   XRP / TetherUS PERPETUAL CONTRACT
XRP seemed to bounce from our high time frame 0.5 line but leaving an equal low which might be a magnet and pull the price back to take liquidity.

I plotted some reversal zones for you to set your alarms to try an entry :)
  • Reversal zone 1 is the 4H imbalance that the recent bounce left, so after a market structure break, I expect price to come back to this zone to fill the imbalance. This is a high probability zone but still a risky zone because it is in the high time frame premium zone.
  • Reversal zone 2 is the order block just below the equal low liquidity line. Market makers might want to sweep this EQL.
  • Reversal zone 3 is considered because it is our 0.618 level which some consider as a good entry
  • Last reversal zone is the best entry but low probability because a news catalyst might be needed for price to return to this zone. But hey, if price does come back here. I'd bag a lot of XRP :)


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