🚀 $XRP
LONG SETUP 🚀
XRP is holding a base after the sharp drop to $1.3177 and is now compressing just under its 99 MA on thin volume. I’m watching for a long on a dip into the support cluster, not chasing the current candle. 📈
Entry: $1.3980 – $1.4030
TP1: $1.4150
TP2: $1.4300
TP3: $1.4500
SL: $1.3900
🔺 Why XRP is on watch:
Price ($1.4030) is sitting right on the 7 MA ($1.4044) and 25 MA ($1.4016), with both flattening after the bounce from $1.3177 The structure shows higher lows since the wick to $1.3177, with tight, steady candles building pressure The 99 MA ($1.4158) is still sloping down, about 0.9% above price, so $1.4150 is the first hurdle and a 1H close above it would be the first sign the downtrend off $1.5552 is easing The 25 MA ($1.4016) is the first support, with $1.3980 as the dip-buy zone. A 1H close under $1.3900 would invalidate the setup
Not financial advice. DYOR.
🔔 Follow CoinDispatch for more daily trade setups and market updates!
#XRP #Ripple #CryptoTrading
LONG SETUP 🚀
XRP is holding a base after the sharp drop to $1.3177 and is now compressing just under its 99 MA on thin volume. I’m watching for a long on a dip into the support cluster, not chasing the current candle. 📈
Entry: $1.3980 – $1.4030
TP1: $1.4150
TP2: $1.4300
TP3: $1.4500
SL: $1.3900
🔺 Why XRP is on watch:
Price ($1.4030) is sitting right on the 7 MA ($1.4044) and 25 MA ($1.4016), with both flattening after the bounce from $1.3177 The structure shows higher lows since the wick to $1.3177, with tight, steady candles building pressure The 99 MA ($1.4158) is still sloping down, about 0.9% above price, so $1.4150 is the first hurdle and a 1H close above it would be the first sign the downtrend off $1.5552 is easing The 25 MA ($1.4016) is the first support, with $1.3980 as the dip-buy zone. A 1H close under $1.3900 would invalidate the setup
Not financial advice. DYOR.
🔔 Follow CoinDispatch for more daily trade setups and market updates!
#XRP #Ripple #CryptoTrading