XRP

XRPUSD - Smart Money Concept (CHOCH & Supply/Demand)

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🚀 **XRPUSD – Smart Money Concept (CHOCH & Supply/Demand) 🚀
📊 Timeframe: 4H | 💰 Exchange: Binance**

🔍 Concepts Used: CHOCH (Change of Character), Supply & Demand, Market Structure

📈 Market Analysis:
XRPUSD recently showed a strong bullish reversal after tapping into a 4H Demand Zone, leading to a rally toward the Daily High (D HH) level. The CHOCH (Change of Character) confirms a potential shift in market structure from bearish to bullish.

🔹 Key Levels to Watch:
✅ Demand Zone: $1.9580 - $2.3683 (Strong Buy Zone)
✅ Supply Zone: $2.7299 - $3.0029 (Potential Rejection Area)
✅ Next Resistance: $3.2038 (Higher Timeframe Key Level)

📊 Trade Plan & Strategy:
🔸 If price retraces back to the demand zone, we may see a bullish continuation targeting $2.7299 - $3.0029 supply zone.
🔸 If price enters the supply zone, watch for bearish rejection and potential short setups.
🔸 Confirmation via candlestick patterns (e.g., engulfing, rejections) can strengthen bias.

📉 Market Sentiment:
📈 Bullish above $2.3683, targeting $3.0029
📉 Bearish if price rejects $3.0029 and forms a CHOCH to the downside

⚠️ Disclaimer:
🚨 This is not financial advice. I’m not a financial advisor. Do your own research before making any trading decisions. Trade responsibly! 🚨

📢 What’s Next?
📩 What do you think? Will XRP break $3.20? Comment below! 🚀
🔥 LIKE & FOLLOW for more Smart Money insights & trade setups! 🔥


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