$XRP
$XRP just delivered a textbook liquidity sweep below the 1.36 level before snapping back with conviction. This is classic bullish structure forming right in front of us. After tagging the 1.3477 low the price rejected sharply creating a strong higher low. We are now seeing buyers step in aggressively with green candles closing above key short-term moving averages and volume starting to expand on the upside confirming real accumulation.
The broader market structure reveals a clear range expansion phase. Resistance at 1.3862 was swept earlier creating a false breakout trap that shook out weak hands. Now price is reclaiming ground with decisive bullish candles showing long lower wicks and strong closes. Momentum is shifting as selling pressure fades and buyers defend the 1.35 zone with authority. Candlestick behavior screams reversal potential with increasing volume on the green bars versus fading red ones.
This move has all the ingredients for continuation higher. Liquidity above 1.38 is next to be targeted and the path of least resistance is flipping bullish.
Entry Zone: 1.3550 to 1.3580 on pullback confirmation
Take Profit Levels: 1.3700 first then 1.3862 extension
Stop Loss: 1.3470
Risk Reward: 1:3.5 with clean scaling opportunities
The asymmetry here is excellent. Smart money is positioning for upside and the structure supports continuation.
