I’m looking at $XRP on the 15m chart, and the short-term structure looks mildly constructive. Price is around $1.3742, sitting just above the visible MA60 at $1.3729, after recovering from the lower part of the recent range.
I’d like to see $1.3733–$1.3742 hold as the immediate support area. The chart shows price consolidating above the MA60, while $1.3759 and $1.3785 are the next visible resistance levels. Volume has picked up at several points, but momentum isn’t strong enough for me to call this a clean breakout yet.
Trade idea — Long:
📍 Entry: $1.3733–$1.3742
🎯 TP1: $1.3759
🎯 TP2: $1.3785
🛑 Invalidation: Below $1.3707
The long idea loses strength if XRP breaks back below the $1.3707 visible support area, especially if it also loses the MA60 around $1.3729.
I’m watching for a clean reaction from the entry zone and a push through $1.3759 before considering the move toward $1.3785. No need to force the trade if support fails.
I’d like to see $1.3733–$1.3742 hold as the immediate support area. The chart shows price consolidating above the MA60, while $1.3759 and $1.3785 are the next visible resistance levels. Volume has picked up at several points, but momentum isn’t strong enough for me to call this a clean breakout yet.
Trade idea — Long:
📍 Entry: $1.3733–$1.3742
🎯 TP1: $1.3759
🎯 TP2: $1.3785
🛑 Invalidation: Below $1.3707
The long idea loses strength if XRP breaks back below the $1.3707 visible support area, especially if it also loses the MA60 around $1.3729.
I’m watching for a clean reaction from the entry zone and a push through $1.3759 before considering the move toward $1.3785. No need to force the trade if support fails.
