🚀 XRP Bullish Focus 📈
Trading Plan:
Bias: Bullish
Entry: 1.8850 - 1.8950
Stop Loss: 1.8690
Take Profit 1–Take Profit 3: 1.9100 / 1.9250 / 1.9400
Technical Analysis:
On the 15-minute chart, the price found buying interest near the key support level of 1.8725 and began to form higher highs and higher lows, indicating a bullish trend is forming in the short term. The price has broken above the short-term EMA line, and the RSI indicator has rebounded from the lows above 50, showing that buying momentum is increasing. A confirmation signal would be the price consistently staying above the short-term EMA and challenging the long-term EMA resistance level around 1.9000.
Invalidation Condition:
Only a decisive break below the recent low of 1.8725 would invalidate this bullish setup.
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