$XRP — Liquidity Drained, Pressure Building at the Base
XRP just finished a full distribution → sweep → compression cycle. The selloff flushed late longs into 1.355, printed a clean liquidity low, and price is now hovering just above it. This isn’t free-fall price action — it’s controlled, tight, and sitting exactly where reversals usually start.
This zone decides everything.
Bias: Bounce → continuation while demand holds
Timeframe: Intraday → short swing
EP: 1.355 – 1.365
SL: 1.342
TP1: 1.395
TP2: 1.425
TP3: 1.455
Structure breakdown:
Clear sell-side liquidity sweep at 1.355
No follow-through below the low → sellers losing momentum
Price compressing above demand = fuel building, not distribution
Lose 1.342 and the structure breaks — step aside.
Hold above it, and XRP has room to rotate back toward the prior supply band.
This is where patience beats prediction. Trade the level.
