$XRP is showing a strong relief bounce after sweeping liquidity at 1.29, with a sharp impulsive move indicating short-term bullish momentum. This looks like a classic reversal attempt from oversold conditions, but price is now approaching a key resistance zone around 1.36–1.38.
📊 Quick Read:
• Liquidity sweep at 1.29 → strong buy reaction
• Bullish momentum spike (short squeeze likely)
• Testing previous breakdown zone (1.36 area)
• Still overall in lower high structure (caution)
⚡ Trade Idea:
👉 Long above 1.36 breakout
Targets: 1.40 – 1.45
Stop Loss: 1.32
XRP
1.3225
-2.62%