$XRP | 4H Bullish Setup 📈
XRP continues to hold its breakout structure after a powerful rally from around $0.98 to $1.70. Instead of sharply reversing, price has been consolidating between $1.42 and $1.55, giving the market time to absorb the previous move.
Currently trading near $1.4777, XRP is sitting within this range, with buyers repeatedly defending the $1.42 support. As long as this level holds, the bullish structure remains intact.
The key level to watch is $1.55. A strong 4H close above this resistance could trigger another move higher, with $1.70 as the first major target. If momentum continues, $1.85 could become the next upside objective.
My setup:
Entry: $1.43–$1.48
TP1: $1.55
TP2: $1.70
TP3: $1.85
Stop Loss: $1.38
I’d rather see a clean reaction from the $1.42–$1.48 area than chase a sudden breakout candle.
A decisive break below $1.38 would invalidate the bullish structure and signal a deeper correction.
Bias: Bullish above $1.42
Confirmation: 4H close above $1.55
Main Target: $1.70
Extended Target: $1.85
Trade the structure, not the pump. Risk management remains essential in this high-volatility setup.
XRP continues to hold its breakout structure after a powerful rally from around $0.98 to $1.70. Instead of sharply reversing, price has been consolidating between $1.42 and $1.55, giving the market time to absorb the previous move.
Currently trading near $1.4777, XRP is sitting within this range, with buyers repeatedly defending the $1.42 support. As long as this level holds, the bullish structure remains intact.
The key level to watch is $1.55. A strong 4H close above this resistance could trigger another move higher, with $1.70 as the first major target. If momentum continues, $1.85 could become the next upside objective.
My setup:
Entry: $1.43–$1.48
TP1: $1.55
TP2: $1.70
TP3: $1.85
Stop Loss: $1.38
I’d rather see a clean reaction from the $1.42–$1.48 area than chase a sudden breakout candle.
A decisive break below $1.38 would invalidate the bullish structure and signal a deeper correction.
Bias: Bullish above $1.42
Confirmation: 4H close above $1.55
Main Target: $1.70
Extended Target: $1.85
Trade the structure, not the pump. Risk management remains essential in this high-volatility setup.
