$XRP – Bullish Recovery After Liquidity Sweep
$XRP is showing a strong bullish reaction after a sharp liquidity sweep. Key observations:
Reason:
Price dropped into 1.87, swept stops, and reversed fast.
Weak hands were cleared, selling pressure seems exhausted.
Market Read:
Lower timeframe structure flipped bullish.
Price reclaimed intraday range and reached 1.98 before a controlled pullback.
Strength is holding above the reaction base.
Trade Setup:
Entry: 1.93 – 1.96
Take Profit Targets:
TP1: 2.02
TP2: 2.10
TP3: 2.22
Stop Loss: 1.86
How It’s Possible:
The rapid sell-off was emotional and designed to shake late buyers.
Liquidity near 1.87 was absorbed, and buyers stepped in with momentum.
Higher lows above the reclaimed zone indicate a potential next expansion leg.
Takeaway for Traders:
$XRP shows a classic liquidity sweep recovery.
Buy above 1.93 with stop at 1.86; monitor strength above the reaction base.
Price structure favors continuation toward 2.02 – 2.22.
