#MarketPullback #MarketPullback XRP 4-Hour Chart Analysis 🚀💥

Current Price Updates:

$XRP : $2.3504 (+3.58%)

XRP

2.3511

+1.92%

XRPUSDT Perp: $2.355 (+3.75%)

Dear Traders,

Over the past few days, the crypto market, including BTC, has experienced notable pullbacks. Examining XRP's 4-hour chart, the price appears to have retraced into internal liquidity zones, specifically testing the 50% consequent encroachment of the weekly Fair Value Gap (FVG), which aligns with a 4-hour order block.

Using the principle of price movement from internal to external liquidity, this retracement may signal a potential bottom. The next probable target is the external liquidity level at $2.90 USD.

Trade Setup:

Entry: Around $2.15 USD, where the 4-hour order block and FVG align.

Stop-Loss: At $1.90 USD, below the recent low, to manage risks.

Target: External liquidity at $2.90 USD, with further potential to reach $3.01 USD if momentum continues.

$XRP

Additionally, the weekly gap coincides with the lower boundary of the daily dealing range, adding further confluence to this reversal zone.

Important Reminders:

Monitor the charts and portfolio closely.

Always conduct your own research (DYOR). The crypto market is highly volatile and ever-changing, so stay informed before making any moves.

Binance Square Family ❤️‍🔥:

I hope this analysis has provided value to you. If you have questions, feel free to leave a comment—I'm here to help.

Thank you for your support!

#CorePCESignalsShift #MarketCorrectionBuyOrHODL? 🚀💸