XRP is not a sell-off; it is a counter-trend pullback.
🟢 LONG $XRP /USDT: expecting price to go UP
Bias: LONG · Leaning
Entry: 1.2754 – 1.2782
TP1: 1.2941 (+1.4%)
TP2: 1.3056 (+2.3%)
TP3: 1.3229 (+3.6%)
SL: 1.2538 (-1.8%)
Plan: enter only inside the zone, close 50% at TP1, 25% at TP2, 25% at TP3, and move the stop to entry after TP1.
Caution: counter-trend setup against the bigger trend, only 5 signals confirm it. Size down, respect the stop.
Why LONG? 5/12 signals agree, 1 against.
• Buyers are driving the move (15m ADX 33.1)
• BTC is rising, this coin follows (corr 0.62)
• Buyers have the momentum (4h RSI 62.7)
Risk: Daily trend down (below EMA50 & EMA200)
Why I like it:
The daily trend is bearish, so this is a counter-trend long. The 1h price is at 1.2768 and the 15m RSI sits at 53.75, meaning buyers have slight momentum without being overextended. The setup leans long, but conviction is moderate and some factors disagree.
Where would you place your invalidation?