XRP / TetherUS

XRP Market Overview

98
For two weeks, price has followed our blue scenario perfectly. Currently, we're seeing clear selling pressure and now price below the key weekly reversal level at $3.

Key Expectations:
  1. Primary Scenario: Downside continuation toward $2.72 support (potential new low)
  2. Bullish Invalidation: Requires both:

  • Clear break above $3
  • Trendline breakout


Full analysis with chart annotations in this video idea

Markets respect levels until they don't - trade the confirmation, not the anticipation.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.