$XRP rose +5.8% without funding taking off โ the entry stayed open 1.2% lower
๐ Before the signal, 3 data points:
Price at $1.3983 after the impulse โ a clean shelf formed at $1.3750โ$1.3809 โ price is respecting it from above: in technical analysis, thatโs support. With RSI at 74.5, Iโd rather wait for it there than buy into an overheated move.
Open Interest +9.9% to $457M and volume of $633M in 24h โ new money is coming in, but funding is still nearly flat at +0.010% โ no one is paying much to be long just yet.
Fear and Greed at 63 โ thereโs appetite, but the crowd hasnโt piled into XRP โ take advantage of that gap with a patient retest, not by chasing candles.
๐ SIGNAL โ LONG
Price now: $1.3983 ยท Zone: $1.3750โ$1.3809 (dist. 1.2%)
If the price drops to the zone, Iโll enter with a limit order in two parts: 50% at $1.3809 and 50% at $1.3750 (average $1.3780). The stop loss is at $1.3714 (-0.5% from the average), confirmed BEFORE entering, with 2% of capital at risk. At the take profit of $1.3987, Iโll take half off and move the risk on the rest to zero; the full target is $1.4211 (1.272 extension). R/R: 1:3.2 ยท 1:6.6. Valid for: the next 6h โ if a 15m candle closes below $1.3714, the plan is invalidated.
A level thatโs already spoken: that band saw 12 touches from 15m candles in 24h, and price continues to close above it.
Follow me for the next zone when it forms โ live price here ๐ XRP
XRP #Trading #TradingSignals
This is a plan, not financial advice.
๐ Before the signal, 3 data points:
Price at $1.3983 after the impulse โ a clean shelf formed at $1.3750โ$1.3809 โ price is respecting it from above: in technical analysis, thatโs support. With RSI at 74.5, Iโd rather wait for it there than buy into an overheated move.
Open Interest +9.9% to $457M and volume of $633M in 24h โ new money is coming in, but funding is still nearly flat at +0.010% โ no one is paying much to be long just yet.
Fear and Greed at 63 โ thereโs appetite, but the crowd hasnโt piled into XRP โ take advantage of that gap with a patient retest, not by chasing candles.
๐ SIGNAL โ LONG
Price now: $1.3983 ยท Zone: $1.3750โ$1.3809 (dist. 1.2%)
If the price drops to the zone, Iโll enter with a limit order in two parts: 50% at $1.3809 and 50% at $1.3750 (average $1.3780). The stop loss is at $1.3714 (-0.5% from the average), confirmed BEFORE entering, with 2% of capital at risk. At the take profit of $1.3987, Iโll take half off and move the risk on the rest to zero; the full target is $1.4211 (1.272 extension). R/R: 1:3.2 ยท 1:6.6. Valid for: the next 6h โ if a 15m candle closes below $1.3714, the plan is invalidated.
A level thatโs already spoken: that band saw 12 touches from 15m candles in 24h, and price continues to close above it.
Follow me for the next zone when it forms โ live price here ๐ XRP
XRP #Trading #TradingSignals
This is a plan, not financial advice.