#xrp
Comprehensive Analysis (4 Hours)
1. Technical Aspect (Structural Position)
Current Price: 1.9924
Time Frame: 4 Hours
Lower Bound: 1.9801 (Critical Reversal Support)
Middle Bound: 2.0588 (Resistance Equilibrium Point)
Upper Bound: 2.1374 (Structural Breakout Resistance)
2. Relative Strength Index - 22.08
Indication: This value indicates that the currency is in a state of severe oversold on the 4-hour time frame.
Market Maker Data
Achieved Target: The market maker succeeded in pushing the price towards the lower bound and activating oversold conditions. This pressure aims to liquidate as many weak long positions as possible.
Next Target: The buying power at 22.0683 is a very strong signal for an imminent reversal, the strategy is now shifting to intensive accumulation at the level of 1.9801 in preparation for a bullish breakout
Context with Bitcoin: Bitcoin is also weak, with its buying power index at 30.8, but the oversold condition for XRP at 22.0683 is much deeper, suggesting a stronger and more immediate rebound.
"Safe" Buy Recommendation (Return Confirmation)
Trade: Buy XRP - Safe Entry (Confirmation of Breaching Equilibrium Point)
Entry: Sustaining a 4-hour candle above 2.0588 (Middle Bound)
Stop Loss: 1.9924 (Return below the current price)
Market Maker Target: Continuation of strong upward movement
First Target: 2.1374 (Upper Bound)
Second Target: 2.1600 (Near the previous structural peak)
