XRP is in a strong impulsive continuation after reclaiming the 1.95–2.00 range, with price consolidating just below the 2.06 liquidity high; short-term bias remains buy-the-dip while structure holds.
Trading Plan — LONG
Entry: 1.98 – 2.02, targeting controlled pullbacks into reclaimed structure and intraday demand.
Stop loss: 1.92, below the last higher low and below the breakout base, confirming structural failure if lost.
Targets:
2.10 as the first liquidity extension,
2.20 as continuation into expansion,
and 2.35 as higher timeframe supply.
Technical
Price transitioned from accumulation around 1.83 into a sharp markup, breaking prior highs with decisive follow-through. The pullback from 2.06 was shallow and corrective, showing a lack of aggressive supply. Higher highs and higher lows remain intact, with value holding above former resistance, signaling acceptance rather than distribution.
This continuation thesis remains valid as long as price holds above the 1.95–1.97 reclaimed structure on a 4H closing basis. A decisive 4H close below 1.92 would invalidate the bullish structure and imply a failed breakout, requiring immediate reassessment.
Risk is clearly defined and asymmetric; execution prioritizes patience on pullbacks into demand, not chasing price into overhead liquidity.
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Perp
2.021