Here’s the detailed breakdown of your XRP/USDT trading plan:
1. Condition for a Bullish Bias:
XRP must not break below 50% of the weekly fair value gap (FVG).
The 4-hour (4H) or 1-hour (1H) candle should close above the 50% level of the weekly FVG.
2. If the Condition Holds:
Buyers remain in control, confirming a bullish bias.
The first target will be the green line (potential resistance or liquidity area).
The second target will be the red daily FVG lower boundary (higher resistance or supply zone).
This means if XRP maintains strength above the weekly FVG’s midpoint and closes bullish on shorter timeframes, it indicates further upside potential. If it fails, the market may turn bearish.
