๐จSTOP $XRP Coiling at $1.20 โ Breakout Incoming?
๐ Fundamental
Sentiment shifted to bullish consolidation ๐ after strong liquidity inflow. XRP rebounded from $0.85 โ $1.20 in the past month. Traders watch SECโRipple developments for volatility.
๐ 24H Market
Volume around $2.8B ๐ฅ with price slightly down ~1.4%. Strong trading activity between $1.15โ$1.18 ๐ฑ. Order books show bid support below price, with liquidity at $1.25 resistance and $1.12 support ๐ฐ.
๐ 1D Structure
Trend remains bullish (HH + HL) ๐. Price retesting a symmetrical triangle breakout. Rejection wick at $1.25 signals supply. Break above $1.25 โ $1.30โ$1.50 potential ๐.
๐ 4H Structure
Price forming an ascending triangle under $1.22 resistance. Higher lows hold above the 4H MA. Support cluster around $1.18 ๐ฐ.
๐ 15M Structure
Short consolidation with minor LH structure. Liquidity sweeps seen near $1.16. Bullish engulfing from $1.165 hints at momentum reset.
๐ Liquidity
Short stops: $1.25+ ๐ฐ
Long stops: $1.12โ$1.15 ๐ฐ
Bias: Bullish while $1.18 support holds.
Traders answer this:
Break $1.25 for $1.30+ ๐ or sweep $1.15 liquidity first ?
comment your answer.
