$XRP #CryptoSurvivalGuide

Here is a technical analysis and trading plan,

Market Context

· Current Price: $1.432
· Timeframe: 4H (as selected on the chart)
· Indicators: Price is trading near the middle of the Bollinger Bands (BOLL: 1.431). The Upper Bollinger Band (UB) is at 1.481, acting as immediate resistance, and the Lower Band (LB) is at 1.381, acting as support. The Parabolic SAR (SAR) is at 1.411, suggesting the trend is still slightly bullish above this level.

1. Consolidation Range

· The chart shows a clear range between 1.476 (the middle resistance level) and 1.379 (recent support/Lower Bollinger Band).
· Price is currently chopping within this range, indicating indecision in the market.

2. LTF Liquidity Grab (Lower Timeframe Liquidity Grab)

· Looking at the wick on the recent candle, price swept down to 1.378 (touching the 24h Low and LB).
· This move likely took out stops below the recent swing low before bouncing back into the range. This is a classic "liquidity grab" or "stop hunt" before a potential move higher.

3. HTF POI (Higher Timeframe Point of Interest)

· The HTF POI to the upside appears to be the resistance level at 1.476 (the middle of the chart's listed levels).
· A break above this could open the path to the next major resistance at 1.593 (the next level up on the chart).

4. FVG (Fair Value Gap)

· There is a visible Fair Value Gap (imbalance) between the bodies of the candles roughly between 1.411 and 1.432.
· Price might seek to fill this gap if it pulls back, or it may act as support if price retests it.

Trading Plan: 1:2 Risk to Reward

Based on the analysis that the liquidity grab to the downside was a false move and price is holding support, we can look for a long (buy) position.

Direction: Long (Buy)

Entry Zone: $1.415 - $1.425

· Rationale: This zone sits just above the Parabolic SAR (1.411) and within the identified FVG. It allows us to enter on a retest of the broken structure after the liquidity grab, rather than chasing price.

Stop Loss (SL): $1.374

· Rationale: Placed just below the recent 24h Low (1.378) and the Lower Bollinger Band (1.381). This gives the trade room to breathe but invalidates the idea if price makes a new low. Risk per trade: ~$0.041 (from entry at 1.415 to 1.374).

Target 1 (T1 - 1R): $1.456

· Rationale: The midpoint of the range and a logical level to take partial profits.

Target 2 (T2 - 2R): $1.497

· Rationale: Above the Upper Bollinger Band (1.481) and the key resistance level (1.476). This gives us a full 1:2 risk-to-reward ratio.
· Calculation: Risk = Entry (1.415) - SL (1.374) = 0.041. Reward (to T2) = 1.497 - 1.415 = 0.082. Ratio = 0.082 / 0.041 = 2.

Summary

The chart shows a healthy pullback into a demand zone after sweeping liquidity. The strategy is to buy the dip between $1.415 and $1.425, with a tight stop below the recent low, aiming for a retest of the range high and a subsequent breakout to a new high.