$XRP : Liquidation Squeeze: Bears Trapped Near Critical Resistance
LONG SETUP XRP
Entry: $1.3270 - $1.3320
Stop Loss: $1.2763
Take Profit: $1.4359 (2R)
Key Levels: Support $1.3170 | Resistance $1.3465
Technical Analysis for $XRP : RSI at 63.9 and Stochastic K/D at 79/69 show strong buying momentum. MACD histogram is positive and the MACD line sits above its signal. Price sits above EMA9, EMA21, EMA50 and EMA200, confirming an uptrend. ADX around 27 signals a firm trend. The next resistance sits near 1.336. Current support is around 1.326, offering a firm base.
Market Context: BTC is in a bullish daily trend with price above its 20 and 50day EMAs, and the overall crypto market is broadly
LONG $XRP
LONG SETUP XRP
Entry: $1.3270 - $1.3320
Stop Loss: $1.2763
Take Profit: $1.4359 (2R)
Key Levels: Support $1.3170 | Resistance $1.3465
Technical Analysis for $XRP : RSI at 63.9 and Stochastic K/D at 79/69 show strong buying momentum. MACD histogram is positive and the MACD line sits above its signal. Price sits above EMA9, EMA21, EMA50 and EMA200, confirming an uptrend. ADX around 27 signals a firm trend. The next resistance sits near 1.336. Current support is around 1.326, offering a firm base.
Market Context: BTC is in a bullish daily trend with price above its 20 and 50day EMAs, and the overall crypto market is broadly
LONG $XRP