$XRP — Buy trade setup
Entry: 1.27 – 1.28
Stop loss: 1.22
Target 1: 1.34
Target 2: 1.40
It seems the market has caught its breath here instead of continuing to fall. If buyers really want to push higher, buying pressure is expected to start returning in their favor, and the upward move from this area should be more forceful than the move that led to the decline. Is the market shaking out weak hands, or is there distribution? We’ll monitor its behavior.
Trade $XRP
Entry: 1.27 – 1.28
Stop loss: 1.22
Target 1: 1.34
Target 2: 1.40
It seems the market has caught its breath here instead of continuing to fall. If buyers really want to push higher, buying pressure is expected to start returning in their favor, and the upward move from this area should be more forceful than the move that led to the decline. Is the market shaking out weak hands, or is there distribution? We’ll monitor its behavior.
Trade $XRP