🚨 $XRP 1h Chart Update
XRP pulling back -0.87% to ~$1.3965 on the 1h. Price rejecting R1 supply zone (~$1.50), sliding toward demand zone after failing to hold the breakout from earlier BOS/CHOCH flip. Volume drying up on the pullback, classic healthy retracement in a potential uptrend.
Long Setup (Dip Buy – Counter-Trend):
Entry Zone: Around $1.37–$1.39 (demand test + reversal candle)
TP1: $1.40 | TP2: $1.42 | TP3: $1.45+ (R1 retest)
SL: $1.33 (below key demand/POI)
Short Setup (If Breaks Lower – Lower Prob):
Entry: Below $1.37 (failed hold)
TP1: $1.34 | TP2: $1.33 | TP3: $1.30
SL: $1.40
Bias: Bullish bias on larger structure, but short-term pullback to demand zone likely. $1.37 hold = strong buy zone.
#Xrp🔥🔥 #crypto
XRP pulling back -0.87% to ~$1.3965 on the 1h. Price rejecting R1 supply zone (~$1.50), sliding toward demand zone after failing to hold the breakout from earlier BOS/CHOCH flip. Volume drying up on the pullback, classic healthy retracement in a potential uptrend.
Long Setup (Dip Buy – Counter-Trend):
Entry Zone: Around $1.37–$1.39 (demand test + reversal candle)
TP1: $1.40 | TP2: $1.42 | TP3: $1.45+ (R1 retest)
SL: $1.33 (below key demand/POI)
Short Setup (If Breaks Lower – Lower Prob):
Entry: Below $1.37 (failed hold)
TP1: $1.34 | TP2: $1.33 | TP3: $1.30
SL: $1.40
Bias: Bullish bias on larger structure, but short-term pullback to demand zone likely. $1.37 hold = strong buy zone.
#Xrp🔥🔥 #crypto