$XRP Bulls Are Defending a Major Support Level
Long Setup
Entry: 1.020–1.035
Stop Loss: 0.995
TP1: 1.0716
TP2: 1.1431
TP3: 1.2147
Analysis: XRP is testing support near 1.0164 at the lower end of its descending channel. A bullish reversal could trigger a recovery toward channel resistance.
Confirmation: 1H breakout above 1.0716.
Invalidation: Breakdown below 1.0164.
Trade with discipline and wait for confirmation.
Long Setup
Entry: 1.020–1.035
Stop Loss: 0.995
TP1: 1.0716
TP2: 1.1431
TP3: 1.2147
Analysis: XRP is testing support near 1.0164 at the lower end of its descending channel. A bullish reversal could trigger a recovery toward channel resistance.
Confirmation: 1H breakout above 1.0716.
Invalidation: Breakdown below 1.0164.
Trade with discipline and wait for confirmation.
