XRP | Long | Liquidity Flip & Breakout From Parallel Channel | (April 2025)
1️⃣ Short Insight Summary:
XRP — often called "the chosen one" by some for its potential role in future financial systems — is showing signs of a breakout after a long period of decline. Liquidity inflows and a channel breakout point to possible upside ahead.
2️⃣ Trade Parameters:
Bias: Long
Entry: Around current breakout zone (~$0.91–$0.95)
Stop Loss / Invalidation: Below $0.88–$0.89 zone
TP1: $2.30
TP2: $2.50
TP3: $3.00
Final Target: $5.00+ (longer-term target)
✅ This setup includes partial profit-taking along the way, while holding a portion for potential extended moves.
3️⃣ Key Notes:
🔹 Fundamentals & Sentiment: XRP continues to attract speculation as a possible backbone for future digital financial systems, standing alongside Ethereum, Solana, and Cardano. Fundamentally, it's stable — though the broader crypto market sentiment (especially Bitcoin and dominance levels) needs to align for a major move.
🔹 Technical Setup:
XRP is breaking out of a long-standing parallel channel to the upside. Recent liquidations of over-leveraged short positions have brought fresh liquidity into the market — a classic signal that a reversal may be forming. With "money magnet" levels like $2.30 ahead, the path toward higher targets looks increasingly possible.
🔹 Market Context:
To sustain this move, we want to see Bitcoin dominance drop and Altcoin dominance rise — that would fuel capital rotation into assets like XRP. Watch those charts closely as this unfolds.
4️⃣ Follow-up Note:
I’ll monitor structure around each key level and may post updates if momentum strengthens or invalidation triggers. As always — position sizing and risk management are essential.
Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support us, keep the content here free and allow the idea to reach as many people as possible.
Disclaimer: This is not a financial advise. Always conduct your own research. This content may include enhancements made using AI.
1️⃣ Short Insight Summary:
XRP — often called "the chosen one" by some for its potential role in future financial systems — is showing signs of a breakout after a long period of decline. Liquidity inflows and a channel breakout point to possible upside ahead.
2️⃣ Trade Parameters:
Bias: Long
Entry: Around current breakout zone (~$0.91–$0.95)
Stop Loss / Invalidation: Below $0.88–$0.89 zone
TP1: $2.30
TP2: $2.50
TP3: $3.00
Final Target: $5.00+ (longer-term target)
✅ This setup includes partial profit-taking along the way, while holding a portion for potential extended moves.
3️⃣ Key Notes:
🔹 Fundamentals & Sentiment: XRP continues to attract speculation as a possible backbone for future digital financial systems, standing alongside Ethereum, Solana, and Cardano. Fundamentally, it's stable — though the broader crypto market sentiment (especially Bitcoin and dominance levels) needs to align for a major move.
🔹 Technical Setup:
XRP is breaking out of a long-standing parallel channel to the upside. Recent liquidations of over-leveraged short positions have brought fresh liquidity into the market — a classic signal that a reversal may be forming. With "money magnet" levels like $2.30 ahead, the path toward higher targets looks increasingly possible.
🔹 Market Context:
To sustain this move, we want to see Bitcoin dominance drop and Altcoin dominance rise — that would fuel capital rotation into assets like XRP. Watch those charts closely as this unfolds.
4️⃣ Follow-up Note:
I’ll monitor structure around each key level and may post updates if momentum strengthens or invalidation triggers. As always — position sizing and risk management are essential.
Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support us, keep the content here free and allow the idea to reach as many people as possible.
Disclaimer: This is not a financial advise. Always conduct your own research. This content may include enhancements made using AI.
2 Ways I Help Serious Traders Win | Real Trades. Ruthless Edge.
1️⃣ Fix Your Trading Fast – My 4-step:
tradinggen.services/mohamad-link/
2️⃣ Get My Weekly Recap and Setup Drops here:
t.me/TradeSimple_with_Mo
P.S. Mentor MO❤️
1️⃣ Fix Your Trading Fast – My 4-step:
tradinggen.services/mohamad-link/
2️⃣ Get My Weekly Recap and Setup Drops here:
t.me/TradeSimple_with_Mo
P.S. Mentor MO❤️
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
2 Ways I Help Serious Traders Win | Real Trades. Ruthless Edge.
1️⃣ Fix Your Trading Fast – My 4-step:
tradinggen.services/mohamad-link/
2️⃣ Get My Weekly Recap and Setup Drops here:
t.me/TradeSimple_with_Mo
P.S. Mentor MO❤️
1️⃣ Fix Your Trading Fast – My 4-step:
tradinggen.services/mohamad-link/
2️⃣ Get My Weekly Recap and Setup Drops here:
t.me/TradeSimple_with_Mo
P.S. Mentor MO❤️
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.