$XRP is trading around 1.556 with a +1.43% move, so I’m not looking to chase it after the push. The 1.53–1.55 area is more interesting to me because that’s where I’d want to see buyers defend the move.
Entry: 1.53–1.55
Confirmation: Reclaim 1.57–1.58 and hold
SL: 1.50
TP1: 1.60
TP2: 1.66
TP3: 1.74
TP4: 1.82
Around 1.55 entry, the targets offer approximately 1R, 2.2R, 3.8R and 5.4R.
The setup gets more interesting if price briefly sweeps lower and immediately gets bought back with stronger volume. That would show sellers struggling to hold the lower level. If XRP accepts below 1.50, I’m out of the idea. Conditional setup only.
Entry: 1.53–1.55
Confirmation: Reclaim 1.57–1.58 and hold
SL: 1.50
TP1: 1.60
TP2: 1.66
TP3: 1.74
TP4: 1.82
Around 1.55 entry, the targets offer approximately 1R, 2.2R, 3.8R and 5.4R.
The setup gets more interesting if price briefly sweeps lower and immediately gets bought back with stronger volume. That would show sellers struggling to hold the lower level. If XRP accepts below 1.50, I’m out of the idea. Conditional setup only.