🚨 Quick read on what’s happening with XRP… Why is the current calm the most important? 📊
Watching the price action on the 1-hour timeframe clearly shows a state of cumulative pressure (Symmetrical Compression) and full respect for the previous high and low zones, with strong stability above the main support floor $1.42 - $1.44.
Even though the coin is behaving later than the rest of the market, this pattern often “cooks” for a strong move afterward:
The tight sideways range between the sloping resistance and the horizontal support is meant to manufacture boredom and capture liquidity.
No need to gamble or anticipate events; a clear positive entry should only happen after breaking and establishing levels $1.50 - $1.52 with a confirmation candle—so that breakout targets move toward $1.70, then the psychological level $2.00.
Do you remember when the coin was at $0.99? I added with a strong buy then and advised you back then to buy too—after it dropped, I posted about it. And when it climbed to 1.6$ , I sold everything and took my profit—thank God.
Honestly, I don’t know how you think or how you see the market, but for me, I’m going to focus on these sideways zones, set a $2 target that’s coming… and we’ll see it on the chart soon, God willing.
#XRP #Crypto #BinanceSquare #Trading #Altcoins
#XRP #Crypto #TechnicalAnalysis #Trading #BinanceSquare #Altcoins
Watching the price action on the 1-hour timeframe clearly shows a state of cumulative pressure (Symmetrical Compression) and full respect for the previous high and low zones, with strong stability above the main support floor $1.42 - $1.44.
Even though the coin is behaving later than the rest of the market, this pattern often “cooks” for a strong move afterward:
The tight sideways range between the sloping resistance and the horizontal support is meant to manufacture boredom and capture liquidity.
No need to gamble or anticipate events; a clear positive entry should only happen after breaking and establishing levels $1.50 - $1.52 with a confirmation candle—so that breakout targets move toward $1.70, then the psychological level $2.00.
Do you remember when the coin was at $0.99? I added with a strong buy then and advised you back then to buy too—after it dropped, I posted about it. And when it climbed to 1.6$ , I sold everything and took my profit—thank God.
Honestly, I don’t know how you think or how you see the market, but for me, I’m going to focus on these sideways zones, set a $2 target that’s coming… and we’ll see it on the chart soon, God willing.
#XRP #Crypto #BinanceSquare #Trading #Altcoins
#XRP #Crypto #TechnicalAnalysis #Trading #BinanceSquare #Altcoins
