🚀 XRP Ready for a Bullish Lift-Off? The Setup You Can't Ignore!
While the broader market shows some indecision, $XRP is quietly building a rock-solid foundation. If you’ve been watching the charts, the consolidation above key support levels isn't just noise—it’s a signal.
The price is currently hugging the 4-hour and 1-hour EMAs, showing that the bulls are defending this territory with everything they've got. With the RSI holding steady above the 50-midline, the momentum is shifting from "wait-and-see" to "recovery mode."
📊 The Trade Blueprint
The structure is forming a classic higher-low pattern, eyeing a breakout toward overhead resistance. Here is how we are playing this move:
* Trade Type: Long 🟢
* Entry Zone: 1.46 – 1.49
* Stop Loss: 1.43 (Safety first!)
🎯 Profit Targets
We are scaling out at these key psychological and technical levels:
* TP1: 1.52 (Initial Resistance)
* TP2: 1.56 (Mid-range Pivot)
* TP3: 1.60 (Major Breakout Target)
🔍 Why This Matters
XRP has shown remarkable resilience compared to other large-caps this week. By staying above the $1.45 support zone, it is proving that the dip-buyers are active. A successful flip of the $1.50 level could trigger a quick squeeze toward our final targets.
> Trader's Note: Always manage your risk. A clean break below $1.43 invalidates this local bullish structure.
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What’s your move? Are you holding for $1.60 or waiting for a deeper dip? Let me know in the comments! 👇
#XRP #CryptoTrading #TechnicalAnalysis #Ripple #BinanceSquare
