analysis 📊Ripple XRP-->>USDT – Daily Timeframe Analysis🚀

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1. Market Overview

XRP is currently rebounding strongly from a major demand zone and attempting to rebuild a bullish structure after a prolonged sideways phase. The recent candle movements show increased buying pressure and a potential shift toward higher highs if momentum continues.

The chart shows multiple well-defined resistance bands above the current price, each of which has been historically respected.

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2. Key Zones I Observe

🟩 Demand Zones (Support)

1. 2.00 – 2.15 USDT

   • This is the strongest support area on the entire chart.

   • The latest bounce originated here, showing clear accumulation.

2. 2.30 – 2.40 USDT

   • A minor local support level currently being retested.

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🟥 Supply Zones (Resistance)

Several stacked red supply areas that have repeatedly rejected price:

1. 2.55 – 2.65 USDT

2. 2.75 – 2.85 USDT

3. 2.95 – 3.05 USDT

4. 3.20 – 3.35 USDT

5. 3.50 – 3.60 USDT (macro resistance)

These are the levels where sellers historically stepped in and where future reactions are likely.

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3. Current Structure & Market Sentiment

• The bounce from the green demand zone suggests buyers are attempting to regain control.

• Price action is forming a bullish structure with higher lows.

• There is a potential double-bottom / W pattern forming.

• The projected path on the chart indicates a possible series of pullbacks followed by continuation upward.

Daily sentiment: Moderately bullish, assuming price holds above 2.15–2.30.

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4. Best Trading Approach Right Now

Scenario A – LONG (Most Logical Trade Setup)

Trading the continuation of the rebound.

Entry Zone:

• 2.18 – 2.28 USDT

Stop Loss:

• Below 2.00 USDT (break of strong demand)

Targets (TP):

1. 2.55 – 2.65

2. 2.75 – 2.85

3. 2.95 – 3.05

4. 3.20 – 3.35

5. 3.50 – 3.60 (major target)

Why this long setup makes sense:

• Strong reaction from a historical demand zone

• Increasing bullish momentum

• Room to move toward upper resistance layers

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Scenario B – SHORT (Only After Confirmation)

Short positions make sense only if price reaches a heavy resistance and shows weakness.

Potential short zones:

• 3.20 – 3.35

• 3.50 – 3.60

You would need:

• rejections,

• bearish engulfing patterns,

• failed breakouts,

• or momentum loss.

Otherwise, shorts are premature.

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5. Trend Analysis (1D)

• Short-term: bullish

• Medium-term: neutral-to-bullish (wide range but advancing)

• Long-term: still ranging between 2.00 and 3.60

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6. Visible Patterns & Signals

From the price structure, I can identify:

• Strong rebound from major support

• Double-bottom / W pattern forming

• Potential inverse H&S behavior

• Bullish impulse candle following accumulation

• Expected corrective swings followed by upward continuation

These factors clearly support the bullish bias.

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7. What I Would Personally Trade

I would take:
A long position around 2.20–2.30 with a SL below 2.00 and targets stepped up toward 3.20–3.60.

This setup offers the best risk-to-reward at the moment.

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8. Important Note

This analysis is based on the 1-day timeframe.
If you want more precise entries and confirmations, shorter timeframes (4H, 1H, 15m, etc.) are available with premium access, where I can break it down much more accurately and give exact micro-levels.

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⚠️ Disclaimer

This is not financial advice.
Every position should be evaluated independently based on your own risk and strategy.