On the 1H TF, the price is moving in a local downtrend. Overnight, we saw FF 4H FVG, followed by a buyer reaction that formed a bullish order flow.
๐ Key Levels for a LONG Entry:
๐ธ First signal โ a candle body closing above $2.5766, confirming bullish order flow and allowing for a low-risk trend continuation trade.
๐ธ Strong signal โ short FVG inversion + a breakout above $2.63. This would indicate a break in the local downtrend, opening opportunities for long positions.
๐ฐ Target โ liquidity compression up to $2.835, offering a potential 9% pure price movement.
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๐ #XRP is about to resume its flight!
๐ฏ Current Market Analysis:
On the 1H TF, the price is moving in a local downtrend. Overnight, we saw FF 4H FVG, followed by a buyer reaction that formed a bullish order flow.
๐ Key Levels for a LONG Entry:
๐ธ First signal โ a candle body closing above $2.5766, confirming bullish order flow and allowing for a low-risk trend continuation trade.
๐ธ Strong signal โ short FVG inversion + a breakout above $2.63. This would indicate a break in the local downtrend, opening opportunities for long positions.
๐ฐ Target โ liquidity compression up to $2.835, offering a potential 9% pure price movement.
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#xrp