Technical analysis by PraveenTrader1 about Symbol XRP: Buy recommendation (1/18/2025)

PraveenTrader1

XRPUSDT.P may rise from the Bullish Order Block!Bullish Order Block :- 3.0264 and 3.0621This trade idea is based on Smart Money Concepts (SMC), a proven strategy with a high success rate that focuses on institutional trading behavior. Currently, the price is nearing a Bullish Order Block between 3.0264 and 3.0621, a strong demand zone where we anticipate a potential reversal or continuation upward. With the trend already bullish, this setup aligns perfectly with the market structure, providing a high-probability trade opportunity. If the price touches the order block, we can expect upward momentum toward our target. The trade setup has a favorable risk-reward ratio, making it a disciplined and calculated move. Let’s see how the market reacts to this key level!XRPUSDT.P / M15 / LONGEntry Price :- 3.0615Take Profit :- 3.4042Stop Loss :- 3.0222Target 1 reached! 3.9 RR trade.