Why XRP’s Technical Setup Signals a Rally Toward $3.40

cryptonews.net 25/03/2025 - 23:30 PM

XRP Price Analysis

  • Price Targets: The XRP price targets after the liquidity sweep are $2.99 and $3.40.
  • Order Block: The $2.22 order block is vital for XRP’s bullish momentum.
  • Support Level: If XRP holds the support at $2.22, it could see some higher movements.

Low liquidity sweeps have indicated signs of a breakout in XRP. Recent price action shows that XRP aims for levels above $2.9990 and $3.4000. The cryptocurrency has shown a strong transition to a bullish structure, with the order block at $2.2220 providing a good entry point for long positions. Consequently, XRP anticipates a target price (TP) expectation between $2.9990 and $3.4000 in the near term.

> $XRP Set for Breakout After Liquidity Sweep?
> Price has swept sell-side liquidity and demonstrated a bullish structure shift. Eyes are on the bullish OB at $2.2220 for long entries.
> Targeting upside liquidity at $2.9990 and $3.4000. SL below the invalidation zone. #RIPPLE #XRP
> — Crypto Patel (@CryptoPatel) March 25, 2025

Technical Overview and Key Levels

Analyzing XRP’s price action from December 2024 to March 2025 reveals a clear accumulation wave. The cryptocurrency previously moved downwards, sweeping sell-side liquidity, before trending upwards in a bullish manner.

The order block at $2.2220 is crucial for establishing long entries, as it represents a strong bullish reversal zone. XRP’s latest price of $2.4745 supports the notion that the token is gearing up for a dynamic transition towards key resistance levels of $2.9990 and $3.4000.

The current price structure, marked by formations of the LRL, suggests potential upside breaks as the price reaches these levels. Traders should carefully monitor this breakout for confirmation of any continued bullish trends. Resistance levels around $2.9990 and $3.4000 will be significant as the breakout needs sufficient liquidity for further upward movement.

The Critical Order Block and Targeting Liquidity

An intriguing aspect of XRP’s recent price action is the support found at the $2.2220 order block, regarded as a key demand zone. This low area may gather potential liquidity to push prices upward.

Charts indicate that XRP may seek to clear liquidity at $2.9990, with aggressive targets at $3.4000. Traders should also monitor stop-loss levels, ideally placed below the invalidation zone. An incursion into this zone would necessitate reassessing the bullish outlook.




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