XRP/USDT Technical Analysis (2H)XRP / TetherUSBINANCE:XRPUSDTMarketStrategysignals๐ XRP/USDT Technical Analysis (2H) ๐ ๐ง Market Structure Overview XRP remains inside a well-defined sideways range after breaking its previous bullish structure. The earlier Change of Character (ChoCH) shifted momentum, and price is now consolidating between key support and resistance while liquidity builds. ๐ Key Observations ๐ข Previous uptrend has paused, transitioning into a range-bound market. ๐ฆ Price is respecting the current consolidation range, with buyers defending the mid-range support. ๐ด A significant Order Block (OB) above remains untested and could act as a magnet if bullish momentum returns. โก The long-term support area around 1.022 remains the major invalidation zone for bulls. ๐ Bullish Scenario If buyers defend the current support and reclaim momentum, XRP could: โ Bounce from the lower-mid range. ๐ฏ Retest the range high near 1.13. ๐ A breakout above the range may open the path toward the Order Block (1.17โ1.18). ๐ Bearish Scenario If support fails: โ ๏ธ Price could sweep liquidity below the range. ๐ A move toward the 1.02 support zone becomes increasingly likely before any strong recovery. ๐ฏ Trading Outlook ๐ข Bias: Neutral to Bullish while price remains inside the range. ๐ Resistance: 1.13 โ 1.17โ1.18 (Order Block) ๐ Support: 1.06 โ 1.02 ๐ก Strategy: Wait for confirmation at range boundaries. Trade the breakout or rejection rather than entering in the middle of consolidation. โ ๏ธ Conclusion: XRP is consolidating after a structural shift. A sustained break above the range favors continuation toward the higher Order Block, while losing support could trigger a deeper retracement before the next bullish leg.