XRP is showing strong bullish momentum and appears ready for its next leg up, with the potential to tap its all-time high (ATH) in the near future. Currently, we are in an ideal entry zone for this move. Here’s a breakdown of the trade setup:
Entry: Current price between $2.50 - $2.60
Stop Loss (SL): $2.45 (Just below key support level)
Take Profit (TP) Targets:
TP1: $2.80 (First key resistance zone)
TP2: $3.00 (Mid-term resistance level)
TP3: $3.20 - $3.30 (Long-term target, potential ATH range)
Rationale:
XRP is showing strong bullish price action and is poised to break above key resistance levels.
The entry range between $2.50 - $2.60 offers a good risk-to-reward ratio.
The $2.45 stop loss is placed just below the previous support, protecting against a reversal.
Targeting the $2.80, $3.00, and $3.20 - $3.30 levels aligns with historical price action and recent trends, positioning us for a possible ATH move.
Risk/Reward Ratio: Favorable, with minimal risk to capture significant upside potential.
Entry: Current price between $2.50 - $2.60
Stop Loss (SL): $2.45 (Just below key support level)
Take Profit (TP) Targets:
TP1: $2.80 (First key resistance zone)
TP2: $3.00 (Mid-term resistance level)
TP3: $3.20 - $3.30 (Long-term target, potential ATH range)
Rationale:
XRP is showing strong bullish price action and is poised to break above key resistance levels.
The entry range between $2.50 - $2.60 offers a good risk-to-reward ratio.
The $2.45 stop loss is placed just below the previous support, protecting against a reversal.
Targeting the $2.80, $3.00, and $3.20 - $3.30 levels aligns with historical price action and recent trends, positioning us for a possible ATH move.
Risk/Reward Ratio: Favorable, with minimal risk to capture significant upside potential.
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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.
📈 Focus Areas: Crypto Trading, Short-Term Signals, Precise Entry & Exit Points
🔗 VIP Signals Channel: t.me/+xNPj3ddmU9NiODMx
⚡ Exclusive Signals: High-Yield | Stop-Loss Protection | Market Insights
🔗 VIP Signals Channel: t.me/+xNPj3ddmU9NiODMx
⚡ Exclusive Signals: High-Yield | Stop-Loss Protection | Market Insights
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.