The latest candles on XRP support a measured long read. XRP is developing a moderate bullish setup with defined levels.
The ranging / consolidation read is what makes this one interesting. This setup stays long while the key level holds.
Levels:
→ Reference entry: $1.50
→ Stop: $1.48
→ Target 1: $1.52
→ Target 2: $1.54
→ Target 3: $1.54
That's a 3.28% distance to the last target. R:R to the final target is 2.50:1. The quality score is 72/100, tier B. The model puts upside odds at 65.8%. The model is calling this at 36%.
How would you manage risk around this XRP level?
Positions carry risk. Size accordingly.
#XRP #XRPUSDT #Long #RangeTrading #Altcoins
The ranging / consolidation read is what makes this one interesting. This setup stays long while the key level holds.
Levels:
→ Reference entry: $1.50
→ Stop: $1.48
→ Target 1: $1.52
→ Target 2: $1.54
→ Target 3: $1.54
That's a 3.28% distance to the last target. R:R to the final target is 2.50:1. The quality score is 72/100, tier B. The model puts upside odds at 65.8%. The model is calling this at 36%.
How would you manage risk around this XRP level?
Positions carry risk. Size accordingly.
#XRP #XRPUSDT #Long #RangeTrading #Altcoins
