$XRP suddenly shot upward: catching the momentum or waiting for a trap? 🚀
While the bears were celebrating their win, the market decided to rewrite the script.
Let’s break down what’s happening on the XRP chart and how to take your move without unnecessary risk.
On the higher timeframe (4h), the overall structure still remains bearish, with priority in the sell zone.
However, on the hourly (1h) and lower (15m) timeframes, the picture has changed completely: a bullish structure has formed here, with priority for buying in the discount zone after an impulse break.
📈 Trade setup:
Entry Zone: 1,3650 – 1,3750 (build a long position when price retraces into the local order block area and support zones on lower timeframes).
TP: 1,4150 (liquidity sweep at key resistance levels on the hourly timeframe).
SL: Below 1,3550 (a close below this level will invalidate the local uptrend structure and отмените the trading idea).
🧠 Don’t rush into the market at current prices—always wait for a healthy pullback into the area of interest and confirmation from the buyers.
💬 Have you already jumped into a long on XRP, or were you waiting for the price to drop? Share your thoughts in the comments!
🚀 Перейти к торговле 👇
#xrp #cryptotrading #TechnicalAnalysis
While the bears were celebrating their win, the market decided to rewrite the script.
Let’s break down what’s happening on the XRP chart and how to take your move without unnecessary risk.
On the higher timeframe (4h), the overall structure still remains bearish, with priority in the sell zone.
However, on the hourly (1h) and lower (15m) timeframes, the picture has changed completely: a bullish structure has formed here, with priority for buying in the discount zone after an impulse break.
📈 Trade setup:
Entry Zone: 1,3650 – 1,3750 (build a long position when price retraces into the local order block area and support zones on lower timeframes).
TP: 1,4150 (liquidity sweep at key resistance levels on the hourly timeframe).
SL: Below 1,3550 (a close below this level will invalidate the local uptrend structure and отмените the trading idea).
🧠 Don’t rush into the market at current prices—always wait for a healthy pullback into the area of interest and confirmation from the buyers.
💬 Have you already jumped into a long on XRP, or were you waiting for the price to drop? Share your thoughts in the comments!
🚀 Перейти к торговле 👇
#xrp #cryptotrading #TechnicalAnalysis
