I’m looking at $XRP /USDT around 1.2970, and the short-term structure looks weak while price remains below the visible MA60 at 1.2987. The recent bounce also failed to push back toward the higher levels, so I’m watching the lower range closely.
For me, 1.2961 is the key nearby support shown on the chart. I’d like to see price stay below 1.2976 and move back toward that support before considering the setup attractive. The recent candles are also moving in a relatively tight range, so momentum isn’t especially strong yet.
📍 Entry: 1.2968–1.2972
🎯 TP1: 1.2961
🎯 TP2: 1.2961 only — the chart doesn’t provide enough visible downside levels to justify another target
🛑 Invalidation: 1.2983
If price loses 1.2983, I’d step away from this setup because that would move price back above the recent visible swing area and weaken the short idea.
I’m keeping this one conservative. XRP needs a clearer move out of the current tight range before I’d have strong conviction; otherwise, I’d rather wait than force a trade.
For me, 1.2961 is the key nearby support shown on the chart. I’d like to see price stay below 1.2976 and move back toward that support before considering the setup attractive. The recent candles are also moving in a relatively tight range, so momentum isn’t especially strong yet.
📍 Entry: 1.2968–1.2972
🎯 TP1: 1.2961
🎯 TP2: 1.2961 only — the chart doesn’t provide enough visible downside levels to justify another target
🛑 Invalidation: 1.2983
If price loses 1.2983, I’d step away from this setup because that would move price back above the recent visible swing area and weaken the short idea.
I’m keeping this one conservative. XRP needs a clearer move out of the current tight range before I’d have strong conviction; otherwise, I’d rather wait than force a trade.
