I am watching $XRP because this last movement was not just an ordinary drop. The price dropped to 2.0021, taking the liquidity that was under the previous lows, and buyers immediately reacted to the long rejection wick. They are trying to defend this area again, which tells me that sellers are losing pressure after the prolonged drop. When the currency takes liquidity, it stops, and starts forming smaller candles, this becomes an early signal that a rebound could form from the same demand pocket.

I am looking at the structure and it is very clear. The top at 2.0606 was the last failed push. The drop broke all small support until it pulled liquidity at 2.0021. Now the price is sitting above that area, slowing down. If this level is maintained, trapped sellers start to exit and new buyers come in. This is exactly how the next upward move becomes possible. It comes from the pull, the rejection, and the loss of momentum on the downside.

Here is the complete trade setup

Entry Point

2.020

Target Point

2.038

2.052

2.069

Stop Loss

1.998

This setup works because XRP has already cleaned the lows, reacted from demand, and is now holding a slightly higher level. If the entry is filled and buyers defend the area, the price could move smoothly towards each target.

Let's go and trade now $XRP