Technical analysis by SpartanTrader001 about Symbol XRP on 8/13/2025
Context 1: Support: $2.50 to $2.75 Resistance: $3.50 Psychological Levels: $3.00 and $2.50 and $2.00 Context 2: Technical Structure 1: XRP now in a Bullish Flag Pattern. Resistance tested 6 times and Support tested only once. FVG’s: FVG Confluence 1: We have an unmitigated 1H FVG located below price. A 4H FVG almost fully mitigated below price as well. Golden Pocket (Bullish#1): There is a GP located at psych level $3.00. This aligns with the lower anchored VWAP 50% of the way through the Flag Formation. Golden Pocket (Bullish#2): There is a major GP located at the bottom of the Bullish Flag Pattern. This aligns with Support at between $2.50 and $2.75. Golden Pocket (Bearish): A mitigated bearish GP located above price may provide the momentum we need to break through multiple FVG’s to the $3.00 psych level leaving a strong confluence for a sweep of liquidity. Context 3: Volume Insight: OBVshows a spike in volume at $3.15. Showing strong confluence to clear lower FVG alignment and sweep liquidity at $2.85 to continue upwards. BullishScenario #1: We flush liquidity and mitigate all unresolved orders from $2.75 to $2.85. With the help of our lowered anchored VWAP and an EMA 200 confluence we see a sharp rise to the top of our Bullish Flag Pattern for breakout at $3.25. With a retest of the breakout leading to push price upward to sweep the $3.50 to $3.65 area. Bearish Scenario #1: After breaking out of the Flag Patter and sweeping the highs around $3.60, we clear a 4H Rejection Block located inside a Daily Rejection Block. We then test the breakout area creating a Head and Shoulders pattern and close out back inside the Flag Pattern BullishScenario #2: After we enter back into the Flag Pattern after sweeping highs, we see a move down to test support a third and final time at the $2.50 psych level. Aligning with the initial bullish move and it’s .618 level along with the bottom of our Flag pattern where we may see a sharp move upwards to create a new support level and ATH.
