Alright, here’s my current scalp setup for XRP/USD on the 15-minute chart. Price is respecting the trendline, and we’re seeing a nice bounce off support. I’ve entered around $2.4588, with a stop set at $2.3916 to manage risk properly. Targeting $2.6436 for a solid 7.52% move, giving me a 2.76R setup—worth the shot.
The moving average at $2.4022 is acting as dynamic support, and as long as price stays above, I’m holding this position. If we break higher, momentum should push us toward the target. If it rejects, I’m out with minimal damage. Let’s see how this plays out.
The moving average at $2.4022 is acting as dynamic support, and as long as price stays above, I’m holding this position. If we break higher, momentum should push us toward the target. If it rejects, I’m out with minimal damage. Let’s see how this plays out.
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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.