XRP/USDT · 4h · Binance
Price: 1.3752
Market read
The 4h structure is bearish, forming lower highs and lower lows. RSI at 38.0 keeps momentum on the sellers' side. Price is sitting between the nearest levels, so there's no real edge in the middle right now.
Key levels
Resistance
1.3891 fair value gap
1.4017 fair value gap
1.4323 liquidity
1.5454 liquidity
Support
1.3105 liquidity
🟢 Long idea
A long sets up if price pulls back into 1.3092 to 1.3144 (liquidity) and buyers defend it. I'd want to see them step in with a bullish engulfing, a hammer, or a strong lower wick, then a break of the last 15m swing high. RSI turning up adds to the case.
Targets: 1.3891, then 1.401...
$XRP #Bitcoin #Markets #Crypto #DeFi
Read the chain, not the hype. CryptoYaan.com
Educational, not financial advice.
Price: 1.3752
Market read
The 4h structure is bearish, forming lower highs and lower lows. RSI at 38.0 keeps momentum on the sellers' side. Price is sitting between the nearest levels, so there's no real edge in the middle right now.
Key levels
Resistance
1.3891 fair value gap
1.4017 fair value gap
1.4323 liquidity
1.5454 liquidity
Support
1.3105 liquidity
🟢 Long idea
A long sets up if price pulls back into 1.3092 to 1.3144 (liquidity) and buyers defend it. I'd want to see them step in with a bullish engulfing, a hammer, or a strong lower wick, then a break of the last 15m swing high. RSI turning up adds to the case.
Targets: 1.3891, then 1.401...
$XRP #Bitcoin #Markets #Crypto #DeFi
Read the chain, not the hype. CryptoYaan.com
Educational, not financial advice.