My Technical Analysis: XRPUSD 4-Hour Chart Looking at this 4-hour chart, I see XRP in a powerful and sustained uptrend that has recently accelerated into a near-parabolic phase. Price has rallied from the $1.44 area to challenge the $2.05 level with remarkable momentum. My analysis using FVGs, Order Blocks, and S/R is focused on identifying where this trend might find temporary equilibrium or a high-probability pullback zone to consider new long entries, as trying to short this strength would be fighting a freight train.
My Read on the Market Structure & Key Levels How I View the Current Momentum: This is a text-book bullish trend on a higher timeframe. The structure shows consistent higher lows and higher highs. The most recent action is a near-vertical rally from the $1.60 zone, breaking through the psychological $2.00 level. In my experience, moves this steep often need to retrace to gather liquidity and stabilize before the next leg. Im not looking for a top; Im looking for the next buyable dip.
The Critical Zones Im Mapping: Immediate & Structural Support: The most important support zone I see is
$1.7500 - $1.8000. This was a previous resistance area that capped price for weeks, and the recent breakout above it should flip it to major support. A hold here would be very bullish.
Primary Bullish Order Block (Launchpad): The foundation of this entire move is the
$1.4491 - $1.5000 zone. This is the clear bullish order block where the rally ignited. A deep pullback to this area would be a high-confluence buy, but it would also indicate a much deeper correction.
Resistance & Targets: The current high near
$2.0500 is immediate resistance. A clean break above opens the path to
$2.2000+. The round number
$2.0000 may act as minor psychological support/resistance.
Where I Identify the Fair Value Gap (FVG): The explosive move from the $1.60s likely left a significant bullish FVG below. Id map that imbalance zone between approximately
$1.6500 and $1.7500. This gap is a major magnetic pullback target. I believe any healthy correction would aim to fill at least part of this FVG, providing a "fair value" entry within the new higher range.
My Order Block Analysis: Bullish Order Blocks (My Buy Zones): Foundational: $1.4491 - $1.5500 (The origin).
Breakout: $1.7500 - $1.8000 (The recent breakout and consolidation zone – my primary target for a pullback).
Bearish Order Blocks: I dont see any significant ones yet. Any would be very recent and shallow, formed by small rejections at the highs (e.g., $2.05). They would only be relevant for very short-term scalps.
My Trading Plan & Patience My bias is strongly bullish, and I will only look for long setups.
My ideal scenario is a patient wait for a pullback into the high-confluence zone where the FVG ($1.65-$1.75) overlaps with the flipped support/bullish order block ($1.75-$1.80). Ill watch for a slowdown in selling and a bullish reversal pattern (like a 4-hour hammer or bullish engulfing) in that
$1.75-$1.78 area to consider an entry, targeting a return to the highs. If the pullback is shallower and only dips to the
$1.90-$1.95 area, Ill view that as continued strength, but the risk/reward for a new long is less favorable there. My hard stop for any long idea from the $1.75 zone would be a 4-hour close below $1.70, as that would suggest the FVG fill failed and a deeper drop to the $1.50 zone is likely. My plan is to let the market come to me; chasing this parabolic candle is a sure way to get caught in a volatile shakeout.
