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Technical analysis by Quant_Trading_Pro about Symbol XRP on 8/4/2025

https://sahmeto.com/message/3684433
Quant_Trading_Pro
Quant_Trading_Pro
Rank: 349
3.0
،Technical،Quant_Trading_Pro

XRP continues to climb the support ladder on the 1H chart, forming a series of higher lows while building pressure against a well-defined supply zone around $3.15–$3.20. Each dip has been bought up quickly, with demand zones flipping into short-term support — a strong bullish signal in the short-term trend. Momentum remains healthy, with Stoch RSI just turning back up from mid-range, suggesting there's still fuel left if the upper resistance breaks. 🔍 Key Highlights: – Clear multi-step structure of higher lows and support retests – $3.15–$3.20 has acted as major rejection twice — third test incoming – Stoch RSI reset and turning upward = potential continuation – Break above $3.20 could open up a move toward $3.50+ The key question now: Will bulls finally crack the wall, or will this zone continue to act as a ceiling? 👇 What’s your bias from here — breakout or fade?

Translated from: English
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Signal Type: Neutral
Time Frame:
1 hour
Price at Publish Time:
$3.06
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