$XRP - LONG Setup
Entry: 1.9100 – 1.9200 (On a confirmed bounce from the immediate support zone)
Target 1:1.9500 (24h High)
Target 2:2.0000
Stop Loss:1.9000 (Below the key intraday support)
My View:
XRP is showing signs of basing and strength after a prolonged downtrend.The price is consolidating in a tight range above the $1.90 support level, forming a potential higher low. The order book shows significant bid support building in the $1.91–$1.92 area. The selling momentum has notably decreased, and the price is holding up well despite broader market fluctuations. This structure suggests accumulation. I'm looking for a bounce off this support zone with a bullish reversal candle to enter long, targeting a move to challenge the recent high near $1.95 and the psychological $2.00 level.
Bias: Bullish above $1.9100. A breakdown below $1.9000 would signal a retest of lower supports.
Disclaimer:My plan. Not advice. Trade your own risk.
