XRP/USDT 1H: Bulls Charging Toward $3.25 !
2025-01-28
Category: None

XRP/USDT 1H Chart Analysis (Smart Money Concepts)
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 Current Market Structure: 
 
 Bullish momentum following a break above $3.10 resistance.
 RSI: 65.55, indicating strong momentum but nearing overbought conditions.
 

 Key Levels: 
 
 Support: $3.10
 Resistance: $3.25 (premium zone).
 Fair Value Gap (FVG): $2.90-$3.00
 

 Trade Setup (Confidence Level: 8/10): 
 
 Entry Zone: $3.12-$3.13 (on pullback).
 Targets:
 T1: $3.20
 T2: $3.25
 Stop Loss: Below $3.08 (recent swing low).
 Risk Score: 7/10 (moderate risk with tight management).
 
 
Market Maker Analysis: 
 
 Accumulation phase confirmed at $2.70-$2.80.
 Distribution likely above $3.25.
 Volume profile supports continuation toward premium zones.
 
 
Recommendation: 
 
 Long position is favorable within the $3.12-$3.13 range.
 Watch for a clean breakout above $3.20 to confirm continuation to $3.25.
 Manage risk with a stop below $3.08.
 Confidence Level: 8/10 for bullish continuation.
 

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