Technical analysis by ImMrToreda about Symbol XRP: Buy recommendation (8/23/2025)

This morning, I entered a long position on the retest of the weekly Volume Area High, which aligned with the significant imbalance left after Powell’s speech yesterday. I’m considering increasing my position if price breaks above the high at $3.10, and may adjust the stop loss to manage risk accordingly. T1 is intentionally conservative. Upon reaching this level, I plan to move my stop loss to break-even without taking any partial profits, allowing the entire position to run while minimizing risk. GLClosed for now BE. I’m going to bed. Usually at night my IQ drops. Tomorrow I’ll probably re-enter higher after breaking the red box if it was just a shake out. GLSorry, as i said. I'm already out break even.