Technical analysis by saifelgana1 about Symbol XRP: Buy recommendation (3/19/2025)

Based on the analysis of the chart and considering the market patterns and liquidity behaviors I previously mentioned, here’s how I would approach this situation.1. Observing Key Market Movements✅ Liquidity Grab Before Expansion:Price swept the downside liquidity (below 2.2677 USDT) before making a sharp move up.Break of Structure (BOS) confirmed a bullish trend shift.✅ Fair Value Gap (FVG) Retest in Progress:A large FVG has formed between 2.3788 and 2.4512 USDT, which price is now testing.If price fills this FVG and shows a bullish reaction, the next move is likely upwards.✅ Order Block (OB) Near 2.2225 USDT Acting as Strong Support:If price drops further, the next major liquidity zone sits around 2.2225 USDT.This zone is critical for bounce confirmation.✅ RSI Showing Overbought Conditions & Possible Cooldown:RSI at 68.49, indicating it was previously overbought and may need a correction.If RSI drops to 50–55 range while price stays stable, it confirms bullish momentum is still intact.2. Trade Setup & Recommendations✅ Ideal Buy Entry (Long Position)First Entry Zone: Around 2.38 - 2.41 USDT (Inside FVG) → Conservative buy.Second Entry Zone: Around 2.27 - 2.30 USDT (Deeper retracement to liquidity grab) → High-risk buy.Confirmation Needed: Look for a bullish engulfing candle or pin bar before entering.❌ Stop Loss (SL)Below 2.22 USDT, since breaking this would invalidate the bullish structure.🎯 Take Profit (TP) TargetsTP1: 2.48 USDT (Previous Resistance)TP2: 2.64 USDT (Major Resistance Level)TP3: 2.75+ USDT (Potential breakout level)