$XRP 1H ๐
XRP has finally broken out of the tight 1H range, and the structure looks much cleaner now. Price pushed through the $1.406โ$1.41 area and printed $1.4258.
I wouldnโt chase at $1.415 after that breakout candle. The retest is the cleaner play.
Trade Setup
Entry: $1.405โ$1.412
SL: $1.392
TP1: $1.426
TP2: $1.450
TP3: $1.480
What Iโm watching ๐
The key change is the Supertrend flip. Itโs now green around $1.3833, while price has reclaimed the previous resistance zone around $1.406โ$1.410.
If XRP retests that zone and buyers defend it, the breakout remains healthy.
$1.426 is the first hurdle because itโs the recent high. A clean 1H close above it would open the way toward $1.45 and potentially $1.48.
If price loses $1.392, Iโd step out rather than force the setup. A deeper move back toward the $1.38 Supertrend area could follow.
Clean play: breakout โ retest โ confirmation.
No need to chase the first pump candle. This one looks good, but the retest is where the risk/reward gets much nicer.
#XRP
XRP has finally broken out of the tight 1H range, and the structure looks much cleaner now. Price pushed through the $1.406โ$1.41 area and printed $1.4258.
I wouldnโt chase at $1.415 after that breakout candle. The retest is the cleaner play.
Trade Setup
Entry: $1.405โ$1.412
SL: $1.392
TP1: $1.426
TP2: $1.450
TP3: $1.480
What Iโm watching ๐
The key change is the Supertrend flip. Itโs now green around $1.3833, while price has reclaimed the previous resistance zone around $1.406โ$1.410.
If XRP retests that zone and buyers defend it, the breakout remains healthy.
$1.426 is the first hurdle because itโs the recent high. A clean 1H close above it would open the way toward $1.45 and potentially $1.48.
If price loses $1.392, Iโd step out rather than force the setup. A deeper move back toward the $1.38 Supertrend area could follow.
Clean play: breakout โ retest โ confirmation.
No need to chase the first pump candle. This one looks good, but the retest is where the risk/reward gets much nicer.
#XRP
