Technical analysis by FrankFx14 about Symbol XRP: Buy recommendation (6/17/2025)

XRP is currently trading at $2.2138, consolidating just above a critical demand zone and preparing for what could be a strong bullish breakout. The range-bound structure is tightening, and pressure is building for the next major move.🔍 Key Technical Insights:🔹 Major Demand Zone (Support) – $2.1470 to $1.8547:Price has bounced multiple times from this orange demand zone, showing consistent buying interest and strong liquidity protection. It’s acting as a base for a possible bull rally.🔹 Mid-Range Resistance – $2.5586:This level has held firm since March. A clean breakout above it could attract massive volume and bullish continuation.🔹 Final Bullish Target – $3.2967:A powerful supply zone resides here, which is also the yearly high area. If XRP breaks $2.55 convincingly, we may see a strong push toward this zone.🔄 Current Price Action:Price has been accumulating sideways between $2.15 and $2.55.Volatility is contracting, indicating a possible breakout ahead.Recent candle rejections suggest buyers are stepping in at every dip.📊 Trade Plan:🔽 Buy Zone: $2.15–$2.20 (near demand)🔼 Take Profit Levels: $2.55 and $3.29🛑 Stop Loss: Below $1.85 (break of demand)🧠 Fundamental Context:🗓️ With major U.S. news events around the corner, volatility may spike. XRP could ride a wave of positive momentum, especially if sentiment improves toward altcoins. Keep an eye on regulatory headlines as well – XRP tends to react sharply.---💬 Are you loading your XRP bags here or waiting for confirmation?Comment your analysis below! 👇📌 Follow me for more crypto setups and price action strategies.#XRPUSD #CryptoAnalysis #Altcoins #Ripple #PriceAction #DemandZone #BullishSetup #LuxAlgo #FrankFx14 #TradingView