💎 $XRP
Range Reclaim: Is the Breakout Imminent?
XRP is currently showing a high-conviction Range Reclaim Setup. After sweeping liquidity near the January lows, the price is stabilizing within a critical demand zone. With exchange supply at multi-year lows and consistent ETF inflows, the technicals are aligning for a major rotation.
📈 Trade Configuration
Entry Zone: $1.88 – $1.94 (Accumulation area)
Bullish Confirmation: Daily close above $1.97
Stop Loss (SL): $1.80 (Below the local swing low)
🎯 Take Profit (TP) Targets
TP1: $2.05 (Psychological barrier & liquidity pocket)
TP2: $2.18 (Key Fibonacci extension level)
TP3: $2.35 (Major range high & breakout trigger)
🔍 Market Context
The structure remains favor-heavy for the bulls as long as we hold the $1.80 support. We are seeing classic "seller exhaustion" near these levels. A successful reclaim of $2.00 could trigger a short squeeze toward the mid-$2 levels.
Patience is key—structure over noise.
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Nabiha Noor
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