Saad Ullah
Sometimes the best setups hide in plain sight. XRP/BTC has been hammering its range lows three times now, and what looks like relentless selling pressure might actually be the market's way of clearing out weak hands before a major move up. This triple sweep pattern is exactly what seasoned traders hunt for - it's crypto's version of loading the spring before it pops.
Why This Setup Works
Triple sweeps are market psychology in action. Each dip below support triggers stop losses from leveraged longs and attracts new shorts thinking they've spotted a breakdown. But when price immediately recovers, those shorts get trapped and the market builds fuel for the next leg up. It's classic accumulation disguised as distribution.
The broader context helps too. Ripple's legal wins have shifted sentiment, and with Bitcoin dominance potentially rolling over, altcoins like XRP are getting a fresh look from institutional players. As CrediBULL Crypto pointed out, XRP/BTC maintains "one of the healthiest HTF charts in the space" - that's not something you hear about many alts right now.
The Technical Picture
The 4-hour chart tells the whole story. Three separate times, XRP/BTC has dipped below that crucial 0.0000243 BTC support level, and each time it's bounced right back. That's not coincidence - it's the market systematically hunting stops and building liquidity for what could be a substantial move higher.
Key levels to watch:
- Immediate resistance: 0.0000307 BTC
- Primary target: 0.0000341 BTC
- Current support: 0.0000243 BTC (now battle-tested)
What started as apparent weakness at the lows has morphed into one of the most bullish technical setups in crypto. If this pattern plays out like it typically does, XRP/BTC could be heading for its range highs sooner than most expect. For traders willing to bet against the obvious narrative, this might be exactly the kind of contrarian setup that pays off big.
Saad Ullah
