🟢 1. Market Structure & Context
After a sharp sell-off below \$1.80, XRP rebounded into \$2.00–2.05**—a key accumulation zone. Breaking above **\$2.10–2.12 marked a Break of Structure, fueling a rally to \$2.32–2.37, where a Weak High formed at \$2.3613 and momentum faded. A Change of Character in \$2.24–2.27 preceded a pullback into \$2.15–2.17, forming a local low. XRP is now consolidating between \$2.17 and \$2.20, readying for the next swing.
🟢 2. Key Levels (No Tables)
* Supply \$2.24–2.27: CHoCH zone and primary seller territory.
* Weak High \$2.3613: First upside objective, requiring sizable volume.
* Support \$2.15–2.17: Recent BOS-down bounce area.
* Demand \$2.00–2.05: Historical accumulation zone fueling the last impulse.
* Deep Support \$1.80–1.85: Reserve level for deeper corrections.
🟢 3. Volume Insights
* Break above \$2.10–2.12 came with strong volume, confirming buyer aggression.
* Rally into \$2.32–2.37 showed declining volume, signaling waning demand.
* Drop to \$2.15–2.17 sparked a long-volume uptick, highlighting a buying interest area.
* Current range \$2.17–2.20 trades on low volume, reflecting a post-volatility pause.
🟢 4. Critical Technical Signals
* BOS Up over \$2.12: Bullish control shift.
* CHoCH Down at \$2.27: Marks the start of corrective phase.
* BOS Down on \$2.24 break: Confirms short-term selling pressure.
* Retest of \$2.15–2.17: Classic long entry zone.
🟢 5. Potential Scenarios
* Bullish: Holding \$2.15–2.17 and breaking \$2.24 on volume opens \$2.32–2.37, then \$2.40–2.45.
* Bearish: Rejection in \$2.24–2.27 and breach of \$2.15 drives a pullback to \$2.05–2.00, where demand may reemerge.
🟢 6. Strategy Recommendations
* Long: Enter on confirmed hold of \$2.15–2.17 with volume support; stop-loss under \$2.14; targets at \$2.24 then \$2.32.
* Short: Look for reversals in \$2.24–2.27; stop above \$2.30; targets \$2.17 and \$2.12.
Conclusion
XRP is carving out a balance zone between \$2.17 and \$2.20 after a strong impulse and correction. Volume behavior around \$2.15–2.17 support and \$2.24–2.27 resistance will reveal if big players are ready for the next leg. Trade only clear volume and structural signals.
TRADING IT NOW 🚨
