XRP continues to respect key levels, delivering clean setups and strong technical reactions.
📉 Recent Price Action Recap
After the flush from $3.65 into the $3.00 support zone, XRP printed a solid bounce back toward the $3.30 resistance area, forming a clean short setup between $3.30–$3.35.
Price is now trading mid-range within the 6-day consolidation.
🟢 Next High-Probability Long Setup
A prime long opportunity lies between $2.96 and $2.9175 sitting within a key daily order block.
Confluence at this zone includes:
📈 Long Trade Setup
💡 Educational Insight
This setup is a great example of how multiple tools layered together (like Fibonacci levels, VWAPs, order blocks and liquidity zones) can significantly increase the probability of a trade playing out.
When structure, volume-based tools and time alignment all point to the same area, it creates a high-confluence trade zone. These are the areas where risk is most defined and reward is most favourable, a principle every technical trader should anchor their strategy around.
_________________________________
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Want breakdowns of other charts? Leave your requests below.
📉 Recent Price Action Recap
After the flush from $3.65 into the $3.00 support zone, XRP printed a solid bounce back toward the $3.30 resistance area, forming a clean short setup between $3.30–$3.35.
Price is now trading mid-range within the 6-day consolidation.
🟢 Next High-Probability Long Setup
A prime long opportunity lies between $2.96 and $2.9175 sitting within a key daily order block.
Confluence at this zone includes:
- Liquidity pool just below the $2.9555 swing low
- Anchored VWAP from the $1.9083 swing low resting just under the block
- 0.618 Fib Speed Fan lining up as dynamic support (July 30 – Aug 2)
- 2.272 Trend-Based Fib Extension at $2.9297
📈 Long Trade Setup
- Entry Zone: $2.96 – $2.9175
- Stop Loss: Below anchored VWAP (clear invalidation)
- Target: $3.1/$3.13+
- R:R: ~1:3+
💡 Educational Insight
This setup is a great example of how multiple tools layered together (like Fibonacci levels, VWAPs, order blocks and liquidity zones) can significantly increase the probability of a trade playing out.
When structure, volume-based tools and time alignment all point to the same area, it creates a high-confluence trade zone. These are the areas where risk is most defined and reward is most favourable, a principle every technical trader should anchor their strategy around.
_________________________________
💬 If you found this helpful, drop a like and comment!
Want breakdowns of other charts? Leave your requests below.
매매 수동청산
XRP failed to flip the monthly open into support. Exiting all long positions for now. 🏆 Mastering Fibonacci for precision trading
🔹 Sharing high-probability trade setups
⚡ Unlock the power of technical analysis!
🔹 Sharing high-probability trade setups
⚡ Unlock the power of technical analysis!
관련 발행물
면책사항
이 정보와 게시물은 TradingView에서 제공하거나 보증하는 금융, 투자, 거래 또는 기타 유형의 조언이나 권고 사항을 의미하거나 구성하지 않습니다. 자세한 내용은 이용 약관을 참고하세요.
🏆 Mastering Fibonacci for precision trading
🔹 Sharing high-probability trade setups
⚡ Unlock the power of technical analysis!
🔹 Sharing high-probability trade setups
⚡ Unlock the power of technical analysis!
관련 발행물
면책사항
이 정보와 게시물은 TradingView에서 제공하거나 보증하는 금융, 투자, 거래 또는 기타 유형의 조언이나 권고 사항을 의미하거나 구성하지 않습니다. 자세한 내용은 이용 약관을 참고하세요.
