XRP's trading at 1.4852 on the 4H, still inside the STC uptrend with EMA55 well below at 1.2657 and EMA21 stacked underneath price at 1.4194. The band upper sits at 1.5231, so today's -2.3% fade has price cooling off the top of the envelope rather than breaking anything meaningful. The last bullish BoS printed 26 bars back at 1.0086, and the 1.6999 swing high from 12 bars ago is still open overhead — that's the structural target the tape hasn't retested yet.
Why it matters: pullbacks inside an uptrend that hold EMA21 tend to be the cleanest continuation setups this indicator produces. Price is in the upper half of the band, trend bias is up, and both the last swing low at 0.9882 and the BoS level at 1.0086 remain intact — no structural damage on the way down. The 4H is the timeframe doing the work here.
Trigger to watch: a reclaim and 4H close back above 1.5231 (band upper) after tagging EMA21 near 1.4194, ideally with the pullback holding above 1.40. That's the continuation window.
Invalidation: a 4H close below EMA55 at 1.2657 kills the setup — that would be a clean loss of the trend backbone and puts the 0.9882 swing low back in play.
Targets: 1.5800 — mid-air resistance between band and prior swing. 1.6999 — the open swing high, primary magnet. 1.7500 — round number extension if the swing gives way with an ATR-buffered break.
Setup: Pullback holding EMA21 with 4H reclaim of the 1.5231 band upper opens the path back toward 1.6999.
Invalidation: 4H close below EMA55 at 1.2657 invalidates the continuation.
Targets: 1.5800 — intermediate resistance between band and swing high · 1.6999 — open swing high, primary target · 1.7500 — round-number extension on ATR-buffered break
