XRP is consolidating above its rising trendline while sitting near the 50 EMA ($2.91). The circled doji may have been an institutional drawdown candle, sweeping liquidity before price drove higher.
Key levels:
Liquidity pool sits lower at $1.78.
Support box: $2.60–2.70 demand zone.
EMA 200 at $2.53 acts as secondary support.
Upside: reclaiming $3.00 could drive a move back into $3.40–3.60 range.
Downside: losing $2.60 trendline support risks a test of EMA 200 and deeper liquidity grabs.
Stoch RSI near overbought signals short-term caution, but market structure remains bullish above $2.60.
📊 Key focus: Will XRP hold structure and push higher, or revisit liquidity pools below?
