$XRP
The daily and four-hour charts indicate a downtrend, but the one-hour chart is trending towards a rebound. All timeframes are aligned, suggesting a potential near-term reversal. The 15-minute relative strength index is about to cross above the 50 level, which represents a momentum trigger for entry. This is a very urgent signal for a counter-trend buy trade, targeting a return towards the 50-period exponential moving average on the 4-hour chart. Enter when the 15-minute relative strength index breaks above 50.
Current trade setup (buy trade)
Entry: market at 2.063038 - 2.071962
Take profit 1: 2.094272
Take profit 2: 2.103196
Take profit 3: 2.121044
Stop loss price: 2.040728

XRP
1.9305
+1.64%