🚀 XRP/USDT: Bullish Confluence Across 3 Timeframes — Spot Buying Opportunity? 🎯
I’m analyzing XRP from the monthly timeframe down to the daily chart, and the current price action is showing promising bullish signals.
🔹 Monthly: Price remains above the 50% level of the monthly FVG and has tapped the monthly order block, suggesting the bullish structure may still be intact.
🔹 Weekly: Price pulled back without reaching the 50% level of the weekly FVG, followed by a strong upward reaction. This shows strong buying momentum.
🔹 Daily: Price has pulled back into the daily FVG, presenting a potential spot-buying area if bullish confirmation appears.
🎯 Target: $3.66
📈 My Plan: I’m watching for a potential $XRP spot-buying opportunity, with the $3.66 level as my target. I’ll monitor price action for confirmation and reassess if the bullish structure weakens.
⚠️ The setup is not guaranteed. Manage risk and remember that support zones can fail.
💬 What’s your view? Can $XRP
reach $3.66 in the next bullish move?
#XRP #XRPUSDT #CryptoAnalysis #XRPLedgerPatchesXRPCreationBug #BinanceSquare