$XRP at a Decision Point: Will Smart Money Trigger the Next Expansion?
XRP is consolidating near 1.0650 after sweeping short-term liquidity, aligning with classic ICT and SMC accumulation behavior. Elliott Wave suggests Wave 4 may be nearing completion, preparing for a potential impulsive Wave 5 if buyers reclaim the recent range. Fibonacci retracement places price around the 0.618 equilibrium zone, where institutional reversals often emerge. RSI remains neutral, leaving room for momentum expansion without overbought conditions. A confirmed bullish break above the local structure could attract fresh liquidity and invalidate bearish pressure. However, losing 1.0500 would weaken the bullish narrative and expose lower demand. Trade Idea: Long above confirmed market structure shift with disciplined risk management.
🎯 Profit targets: TP1: 1.0825, TP2: 1.1050, TP3: 1.1380. Wait for confirmation, avoid chasing liquidity spikes, and let smart money reveal direction before committing.
Trade $XRP here 👇🏻👇🏻
#Xrp🔥🔥#xrp
XRP is consolidating near 1.0650 after sweeping short-term liquidity, aligning with classic ICT and SMC accumulation behavior. Elliott Wave suggests Wave 4 may be nearing completion, preparing for a potential impulsive Wave 5 if buyers reclaim the recent range. Fibonacci retracement places price around the 0.618 equilibrium zone, where institutional reversals often emerge. RSI remains neutral, leaving room for momentum expansion without overbought conditions. A confirmed bullish break above the local structure could attract fresh liquidity and invalidate bearish pressure. However, losing 1.0500 would weaken the bullish narrative and expose lower demand. Trade Idea: Long above confirmed market structure shift with disciplined risk management.
🎯 Profit targets: TP1: 1.0825, TP2: 1.1050, TP3: 1.1380. Wait for confirmation, avoid chasing liquidity spikes, and let smart money reveal direction before committing.
Trade $XRP here 👇🏻👇🏻
#Xrp🔥🔥#xrp