Technical Analysis – XRP/USD (1H Timeframe)
XRP/USD is currently trading around $2.36, showing a +3.25% gain. The chart highlights a Point of Interest (POI) within the $2.34 - $2.36 range, where price has recently reacted. This zone acts as a demand area, suggesting potential bullish momentum if it holds.
A long setup is evident, targeting the $2.93 - $3.00 range, with a favorable risk-to-reward ratio. The stop-loss appears below $2.16, confirming a well-structured trade plan.
Key levels to watch:
- Support: $2.34 (POI), $2.16 (Stop-loss area)
- Resistance: $2.93 - $3.00 (Target Area)
If price sustains above POI, bullish continuation is likely. However, a break below $2.16 may invalidate this setup.
If you enjoy, press the like button.
XRP/USD is currently trading around $2.36, showing a +3.25% gain. The chart highlights a Point of Interest (POI) within the $2.34 - $2.36 range, where price has recently reacted. This zone acts as a demand area, suggesting potential bullish momentum if it holds.
A long setup is evident, targeting the $2.93 - $3.00 range, with a favorable risk-to-reward ratio. The stop-loss appears below $2.16, confirming a well-structured trade plan.
Key levels to watch:
- Support: $2.34 (POI), $2.16 (Stop-loss area)
- Resistance: $2.93 - $3.00 (Target Area)
If price sustains above POI, bullish continuation is likely. However, a break below $2.16 may invalidate this setup.
If you enjoy, press the like button.
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Disclaimer
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💸FREE FOREX Signals in Telegram : t.me/SOAMPROTRADER
🔹Join Our Telegram Channel, Pure Price Action Based Signals With Chart Analysis.
t.me/SOAMPROTRADER
🚀FREE CRYPTO Signals In Telegram: t.me/SOAMPROTRADER
🔹Join Our Telegram Channel, Pure Price Action Based Signals With Chart Analysis.
t.me/SOAMPROTRADER
🚀FREE CRYPTO Signals In Telegram: t.me/SOAMPROTRADER
Related publications
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.