XRP is currently sitting at a key area of interest.
Price is holding around a strong demand zone, right on top of the $2.00 round number. That combination alone is enough to grab attention, especially after the recent impulsive move higher.
For now, this area is where buyers are expected to defend. That’s why my focus is on buy setups, not chasing price.
That said, I’m not jumping in blindly.
The last major high marked in green is the line in the sand. A clean break and hold above that level would confirm that bulls are taking control, and that’s when I’d look for entries with more confidence.
⚠️ Disclaimer: This is not financial advice. Always do your own research and manage risk properly.
📚 Stick to your trading plan regarding entries, risk, and management.
Good luck! 🍀
All Strategies Are Good; If Managed Properly!
~Richard Nasr
Price is holding around a strong demand zone, right on top of the $2.00 round number. That combination alone is enough to grab attention, especially after the recent impulsive move higher.
For now, this area is where buyers are expected to defend. That’s why my focus is on buy setups, not chasing price.
That said, I’m not jumping in blindly.
The last major high marked in green is the line in the sand. A clean break and hold above that level would confirm that bulls are taking control, and that’s when I’d look for entries with more confidence.
⚠️ Disclaimer: This is not financial advice. Always do your own research and manage risk properly.
📚 Stick to your trading plan regarding entries, risk, and management.
Good luck! 🍀
All Strategies Are Good; If Managed Properly!
~Richard Nasr
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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.
Join RichTL - Rule-Based Technical Analysis
RichTL.com
Telegram
t.me/thesignalyst
Trusted Crypto Exchange
cutt.ly/qtwKuPaJ
Trusted CFD Broker
cutt.ly/TickmillReal
RichTL.com
Telegram
t.me/thesignalyst
Trusted Crypto Exchange
cutt.ly/qtwKuPaJ
Trusted CFD Broker
cutt.ly/TickmillReal
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.
