XRP/USD β Professional Technical Analysis XRP / U.S. dollarBITSTAMP:XRPUSDMarketStrategysignalsπ XRP/USD β Professional Technical Analysis π π’ Market Structure XRP is currently trading around 1.384, sitting directly above a clearly marked support zone around 1.35β1.38. The chart shows a strong previous bullish expansion from the 0.99 low, followed by consolidation near the current support. π§ Liquidity & Price Action A previous sharp downside wick indicates a liquidity sweep, followed by strong bullish recovery. This suggests buyers have previously defended lower prices. π Bullish Scenario If 1.35β1.38 support holds and price confirms a bullish reversal: π― TP1: 1.45 π― TP2: 1.50 π― TP3: 1.63β1.69 resistance zone π Major target: 1.65β1.70 π Bearish Scenario If XRP breaks and closes decisively below 1.35, the bullish setup weakens. A deeper retracement toward 1.30β1.25 could then develop. π§ Trading Plan Bias: π’ Bullish above 1.35 Entry: Wait for bullish confirmation/retest Invalidation: β Clean breakdown below support Target: π― 1.45 β 1.50 β 1.65+ β οΈ Key point: Don't chase the move. Let price react at support and wait for confirmation before entering.