$XRP TEXTBOOK BREAKOUT RETEST IN PLAY AT KEY SUPPORT 🔥
Entry: 1.040 - 1.075 🔥
Target: 1.150 - 1.300 🚀
Stop Loss: 1.010 ⚠️
XRP just broke a multi-day falling wedge on massive volume and is now retesting the broken resistance as support right inside the entry zone. The RSI has reset above 50, signaling momentum has shifted back to bulls. Aggressive bid stacking from institutional players suggests a strong floor is holding at these levels.
The setup offers a clean asymmetric path to TP1 at 1.150 and extension targets up to 1.300, with a tight stop guarding the downside. Will XRP hold this retest and close the week above the local pivot?
Not financial advice. Always manage your risk.
#XRP #LongSetup #Breakout #Crypto
🔥
Entry: 1.040 - 1.075 🔥
Target: 1.150 - 1.300 🚀
Stop Loss: 1.010 ⚠️
XRP just broke a multi-day falling wedge on massive volume and is now retesting the broken resistance as support right inside the entry zone. The RSI has reset above 50, signaling momentum has shifted back to bulls. Aggressive bid stacking from institutional players suggests a strong floor is holding at these levels.
The setup offers a clean asymmetric path to TP1 at 1.150 and extension targets up to 1.300, with a tight stop guarding the downside. Will XRP hold this retest and close the week above the local pivot?
Not financial advice. Always manage your risk.
#XRP #LongSetup #Breakout #Crypto
🔥