A VERY SIMPLE PLAN & STRATEGY
XRP is currently consolidating around a strong BU–MB support zone, which previously acted as a key reaction level in the market. After multiple rejections from lower levels, price has shown signs of strength and is now stabilizing above the support structure. This indicates that buyers are gradually gaining control and absorbing selling pressure.
On the 2H timeframe, XRP has formed a short-term base around the 1.40–1.42 region, which aligns with the support zone marked on the chart. Holding above this area increases the probability of a bullish continuation move toward the next liquidity levels.
If the market maintains structure above support, we can expect momentum to build toward the higher resistance zone. A break of nearby highs could trigger a bullish expansion toward the upper resistance range, where the next major supply area lies.
Swing Trade Plan
Entry Zone: 1.42 – 1.458
Stop Loss: 1.31
Targets:
TP1: 1.473
TP2: 1.515
TP3: 1.603
TP4: 1.690
The idea is based on support holding, market structure stability, and potential liquidity expansion toward the resistance zone. If the support remains intact, XRP could deliver a strong upside move in the coming sessions.
Always trade with proper risk management and position sizing.
XRP is currently consolidating around a strong BU–MB support zone, which previously acted as a key reaction level in the market. After multiple rejections from lower levels, price has shown signs of strength and is now stabilizing above the support structure. This indicates that buyers are gradually gaining control and absorbing selling pressure.
On the 2H timeframe, XRP has formed a short-term base around the 1.40–1.42 region, which aligns with the support zone marked on the chart. Holding above this area increases the probability of a bullish continuation move toward the next liquidity levels.
If the market maintains structure above support, we can expect momentum to build toward the higher resistance zone. A break of nearby highs could trigger a bullish expansion toward the upper resistance range, where the next major supply area lies.
Swing Trade Plan
Entry Zone: 1.42 – 1.458
Stop Loss: 1.31
Targets:
TP1: 1.473
TP2: 1.515
TP3: 1.603
TP4: 1.690
The idea is based on support holding, market structure stability, and potential liquidity expansion toward the resistance zone. If the support remains intact, XRP could deliver a strong upside move in the coming sessions.
Always trade with proper risk management and position sizing.
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.
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.