🚨Trap & Snap? $XRP Liquidation Lows Reclaimed – What’s Next?🤔🔥
📉 $XRP dipped -3.83% today, touching a key 24h low at $2.0000, before bouncing and currently trading around $2.045. The price action shows a clear liquidity swipe below local support, triggering a fast reclaim — a bullish signal we’ve seen work before.
🕵️♂️ Market Insight:
After forming a lower high from the May top at $2.6549, XRP has been on a slow descent. Today’s wick to the downside likely flushed late longs and weak hands. With strong volume support (155M+ USDT), XRP could be priming for a reversal.
📈 Long Trade Setup
🔵Entry: $2.045 - $2.060 (Reclaim confirmation)
🟢TP1: $2.14
🟢TP2: $2.25
🟢TP3: $2.48 (mid-range target)
🔴Stop Loss: $1.985 (beneath today’s wick)
⚠️ If bulls maintain control above $2.06, we may see a trend reversal short term. Losing the wick low at $2.00 again would invalidate the setup and likely open the door toward the $1.79 - $1.61 zone.
🔔 Watch closely for price acceptance above the $2.06 key reclaim level — that’s the line between bounce or bleed. Stay sharp, XRP traders!
➡️ buy and trade here on $XRP
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