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Technical analysis by FenzoFxBroker about Symbol XRP: Buy recommendation (6/5/2025)

https://sahmeto.com/message/3581558
FenzoFxBroker
FenzoFxBroker
Rank: 352
3.2
Buy،Technical،FenzoFxBroker

FenzoFx—XRP formed a double bottom at 2.218, aligning with Tuesday’s low. Price action set resistance at $2.22, where untriggered liquidity backed by a bearish Fair Value Gap (FVG) remains.Stochastic exited oversold territory at 39 and is rising, suggesting bullish momentum may continue. If $2.18 support holds, XRP/USD could surpass $2.22 and form a higher high.The bullish outlook is invalid if XRP declines and stabilizes below $2.18.

Translated from: English
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Signal Type: Buy
Time Frame:
1 hour
Profit Target:
$2.22
Stop Loss Price
$2.18
Price at Publish Time:
$2.2
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