$XRP Testing Critical Support! 🚀 Rebound or Breakdown?
$XRP is currently hovering around a major psychological support level. After a period of consolidation, we are seeing a small bullish candle formation near the local bottom of $1.3417. Momentum is slowly building up! 📈
🎯 Trade Setup:
Entry Zone: 1.3550 – 1.3660
Stop Loss (SL): 1.3100
Target 1 (TP1): 1.4100 (Testing MA-25)
Target 2 (TP2): 1.4800
Target 3 (TP3): 1.5500 (Major Resistance Zone)
🔍 Quick Analysis: XRP is currently trading below its 4-hour Moving Averages (MA7, MA25, and MA99). A daily close above $1.41 would confirm a bullish trend reversal. Watch the volume closely!
⚠️ Risk Warning: Use low leverage (3x-5x) and always manage your risk. Market volatility is high!
Is $XRP ready to reclaim $1.50 this week? Drop your thoughts below! 👇
Click Trade Here 👇🏻
