🔎 Current market structure XRP/USDT 08.09.2025

Trend: After dropping to ~$2.70, XRP is recovering and is currently trading around $2.95.

Key levels:

Resistance: $3.05 – $3.10, and above – strong liquidity zone $3.25 – $3.35.

Current support: $2.85 – $2.90.

Strong support: $2.70 – $2.75 (order block).

Sentiment: Locally bullish bounce, but $3.05 is a critical zone for further movement.

📊 RSI

Current value: ~60 (not overbought yet, but close).

There is room for growth, however, the $3.05 zone may become a turning point.

🧠 Smart Money Concept (SMC)

Liquidity: Above $3.05 stop losses of sellers are collected → possible spike up to $3.25.

🎯 Trading ideas

✅ LONG scenario

Entry: $2.88 – $2.92 (after a pullback).

Target 1: $3.05.

Target 2: $3.25 – $3.30.

StopLoss: below $2.85.

❌ SHORT scenario

Entry: $3.05 – $3.10 (upon rejection).

Target 1: $2.92.

Target 2: $2.75.

StopLoss: above $3.15.

⚖️ Neutral scenario

Consolidation between $2.90 – $3.05 without a breakout → better to wait for confirmation.

📝 Conclusion

XRP/USDT is currently recovering and is facing critical resistance at $3.05. A breakout of this zone could open the way to $3.25–$3.35, but a rejection could bring the price back to $2.75. Main scenario: long from $2.90 with targets of $3.05–$3.25, SL below $2.85.