I’m looking at $XRP /USDC after a sharp short-term push higher. Price is around 1.2812, now slightly above the visible MA60 at 1.2805, so the immediate reaction around this area is what I’m watching.
The move from roughly 1.2794 toward 1.2812 is strong, but I don’t want to chase a vertical move. For me, the setup becomes more attractive if XRP holds above the 1.2805 MA60 area and continues showing strength.
📍 Entry: 1.2805–1.2812
🎯 TP1: 1.2814
🎯 TP2: Not clearly available on the chart
🎯 TP3: Not clearly available on the chart
🛑 Invalidation: 1.2803
The main risk is a rejection near the current 1.2812–1.2814 area. If price quickly falls back under the MA60, the recent push could lose momentum.
If price loses 1.2803, I’d step away from this setup because that would weaken the short-term bullish move visible on the chart.
I’m watching the reaction here rather than forcing an entry. The chart is moving quickly, so confirmation matters more to me than chasing the candle.
The move from roughly 1.2794 toward 1.2812 is strong, but I don’t want to chase a vertical move. For me, the setup becomes more attractive if XRP holds above the 1.2805 MA60 area and continues showing strength.
📍 Entry: 1.2805–1.2812
🎯 TP1: 1.2814
🎯 TP2: Not clearly available on the chart
🎯 TP3: Not clearly available on the chart
🛑 Invalidation: 1.2803
The main risk is a rejection near the current 1.2812–1.2814 area. If price quickly falls back under the MA60, the recent push could lose momentum.
If price loses 1.2803, I’d step away from this setup because that would weaken the short-term bullish move visible on the chart.
I’m watching the reaction here rather than forcing an entry. The chart is moving quickly, so confirmation matters more to me than chasing the candle.
