📈 $XRP
LONG SETUP
$XRP is showing oversold conditions around a major support zone, creating the possibility of a relief bounce toward the moving averages.
📍 Entry Zone: $1.005 – $1.031
🎯 Take Profit
• TP1: $1.0563
• TP2: $1.0869
🛑 Stop Loss: $0.9748
⚠️ Invalidation: Strong bearish momentum on the 1H timeframe could invalidate the bounce and lead to further downside.
📊 Keep your position size appropriate for your account and risk tolerance. Don't assume a bounce is guaranteed—wait for confirmation.
DYOR | NFA
#XRP #Crypto #Trading #TechnicalAnalysis
LONG SETUP
$XRP is showing oversold conditions around a major support zone, creating the possibility of a relief bounce toward the moving averages.
📍 Entry Zone: $1.005 – $1.031
🎯 Take Profit
• TP1: $1.0563
• TP2: $1.0869
🛑 Stop Loss: $0.9748
⚠️ Invalidation: Strong bearish momentum on the 1H timeframe could invalidate the bounce and lead to further downside.
📊 Keep your position size appropriate for your account and risk tolerance. Don't assume a bounce is guaranteed—wait for confirmation.
DYOR | NFA
#XRP #Crypto #Trading #TechnicalAnalysis