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Technical analysis by FrankFx14 about Symbol XRP: Buy recommendation (6/1/2025)

https://sahmeto.com/message/3569098
FrankFx14
FrankFx14
Rank: 4727
1.8
Buy،Technical،FrankFx14

XRPUSD is currently sitting inside a strong demand zone between 2.15 – 2.22, as highlighted by the brown box. This zone has historically attracted buyers, and we're seeing signs of accumulation again after a liquidity sweep below.🔥 Key Zones to Watch:Demand Zone (Buy Area): 2.15 – 2.22 ✅Immediate Resistance: 2.3124Mid Target: 2.3681 (next key S/R flip zone)Major Target Zone (Supply): 2.58 – 2.60 🚀---📌 Bullish Scenario:If XRP holds above 2.15, we could see a move to reclaim 2.31 and then test 2.36. A clean break and retest of that level opens the door to the 2.58 – 2.60 area, where heavy selling pressure previously emerged.🧠 Smart Money Accumulation?This structure looks like a liquidity grab below key lows, followed by slow re-accumulation – a classic setup for a rally.---📉 Bearish Risk:A confirmed break below 2.15 with volume could invalidate the bullish thesis. Watch for volume and candle reactions in this range.---📅 Fundamental Catalyst Alert:With multiple high-impact USD news events between June 3 – June 7, expect volatility. Use caution and proper risk management.---📈 My Plan:Long from the demand zone, targeting 2.36 and 2.58, with a tight SL below 2.14.---💬 What do YOU think?Will XRP break out from here or fake us out again?👇 Drop your thoughts, analysis, or charts in the comments!🔁 Like & Follow FrankFx14 for more setups like this every day.#XRP #Ripple #Crypto #TradingView #PriceAction #LuxAlgo #Altcoins #TechnicalAnalysis #BTC #ETH #Forex #SupplyAndDemand

Translated from: English
Show Original Message
Signal Type: Buy
Time Frame:
1 hour
Profit Target:
$2.36
Stop Loss Price
$2.14
Price at Publish Time:
$2.16
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