
XRP USDT PERPETUAL forum

XRP once again found support from the previously tested K-Level zone, completing its correction and beginning a new upward move for a healthier rally. However, the recent candles show a very low-volume market. With such low volume, it may be difficult for XRP to continue rising. If this upward move takes too long, it could lead to a pullback in XRP.
XRP must not break below its last low at the $2.85 zone. If this level is broken, the next potential support is around $2.60. However, there isn't strong support at that level.
Since XRP has completed its correction, if it wants to continue its move, the target is $3.93. From the current price, this represents a potential rise of around 22 percent. But it must be noted that there is strong resistance at $3.67. This level should be broken with a strong candle.
At this stage, those who prefer to wait can consider opening a position in XRP. Personally, I will not be using a stop-loss and will instead aim to reduce my average cost by accumulating from lower levels. As seen in the chart, an entry can be made at this stage. But remember, proper capital management is key. Since I have funds to buy lower and average down, I won't be using a stop. You should define a stop level suitable to your own budget.
The structure here is screaming downtrend – BOS after BOS, CHoCHs confirming that the market has been losing steam on every bounce. But right now, the price feels like it’s coiling inside this descending triangle, waiting for something big. I can see that compression — the Enhanced Compression Breakout signal is already hinting at it.
We’re trading near the Discount zone and hovering around equilibrium (~$3.10). This is exactly where smart money likes to pick up positions, but I’m cautious because the supply zones above ($3.48 and $3.60) look heavy. If price doesn’t clear $3.25–$3.30, I’m not convinced of any real bullish move.
On the flip side, if we fail to hold this $3.00 area, I can totally see a liquidity grab down into that $2.90 discount demand block. That’s where I’d expect a strong reaction.
Honestly, this looks like a make-or-break zone. The descending triangle is telling me: “Either I’m going to rip above with volume, or I’ll dump and fill those green zones below.”
My bias?
Short-term – I’m neutral, just watching the squeeze.
Medium-term – Still leaning bearish unless we break out and flip the triangle cleanly.

If the sell trigger is activated, it would be a good opportunity to go short.

this was signed by sec yesterday..