XRPUSD Bullish Reversal | Strong Bounce from Demand Zone 📈
Description:
XRPUSD is showing clear signs of bullish accumulation and reversal on the 45m timeframe after testing a major unmitigated HTF demand zone. Sellers tried to push the price lower, but buyers actively defended the lower boundary, leaving a strong structural rejection and initiating a clean displacement upwards. With market structure shifting back in favor of the bulls, the immediate momentum points toward an expansion to sweep internal buy-side liquidity pools and retest upper key structural levels.
Key Structural Levels:
🔴 Demand Invalidation Zone: 1.0850 – 1.0900 (Body close below demand zone)
📈 Current Reaction Level: 1.1134
🔵 1st Bullish Objective: 1.1459
🔵 2nd Bullish Objective: 1.1846
Trading Perspective:
Look for execution setups on lower timeframes (M5/M1) inside the current accumulation leg or on a minor corrective pullback to catch the impulsive expansion toward the targets. A clear hourly candle body close below the structural demand zone will completely invalidate this long setup.
This analysis is based on technical structure and market behavior, not financial advice.
Description:
XRPUSD is showing clear signs of bullish accumulation and reversal on the 45m timeframe after testing a major unmitigated HTF demand zone. Sellers tried to push the price lower, but buyers actively defended the lower boundary, leaving a strong structural rejection and initiating a clean displacement upwards. With market structure shifting back in favor of the bulls, the immediate momentum points toward an expansion to sweep internal buy-side liquidity pools and retest upper key structural levels.
Key Structural Levels:
🔴 Demand Invalidation Zone: 1.0850 – 1.0900 (Body close below demand zone)
📈 Current Reaction Level: 1.1134
🔵 1st Bullish Objective: 1.1459
🔵 2nd Bullish Objective: 1.1846
Trading Perspective:
Look for execution setups on lower timeframes (M5/M1) inside the current accumulation leg or on a minor corrective pullback to catch the impulsive expansion toward the targets. A clear hourly candle body close below the structural demand zone will completely invalidate this long setup.
This analysis is based on technical structure and market behavior, not financial advice.
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Related publications
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.