$XRP Bouncing from a strong demand zone, looks ready for a breakout 🚀
Long XRP trading plan (maximum 20x)
Entry point: 1.055 – 1.065
SL: 1.00
TP1: 1.10
TP2: 1.15
TP3: 1.21
TP4: 1.28
XRP is bouncing strongly from the demand zone of 1.055 – 1.065, and seems ready for another rally. The price has held above the crucial support zone, not breaking below 1.00, and buying pressure is starting to reappear, signaling a recovery towards the resistance levels above.
The stop loss is placed below 1.00, a relatively clean area. If this level is lost, the long scenario will be invalidated.
Step-by-step targets: 1.10 → 1.15 → 1.21 → 1.28. Each TP is quite far apart (~3-6% from entry), be patient and take profits gradually.
The distance from entry to stop loss is quite close (~5-6%). Suitable for a short-term long order. Enter small orders and set stop losses correctly.
It's bouncing up from a strong demand zone and seems ready to break out. Have you entered yet? Comment to discuss! 🚀
Long XRP trading plan (maximum 20x)
Entry point: 1.055 – 1.065
SL: 1.00
TP1: 1.10
TP2: 1.15
TP3: 1.21
TP4: 1.28
XRP is bouncing strongly from the demand zone of 1.055 – 1.065, and seems ready for another rally. The price has held above the crucial support zone, not breaking below 1.00, and buying pressure is starting to reappear, signaling a recovery towards the resistance levels above.
The stop loss is placed below 1.00, a relatively clean area. If this level is lost, the long scenario will be invalidated.
Step-by-step targets: 1.10 → 1.15 → 1.21 → 1.28. Each TP is quite far apart (~3-6% from entry), be patient and take profits gradually.
The distance from entry to stop loss is quite close (~5-6%). Suitable for a short-term long order. Enter small orders and set stop losses correctly.
It's bouncing up from a strong demand zone and seems ready to break out. Have you entered yet? Comment to discuss! 🚀