$XRP — Base Formation After Sell-Off | Long Setup
$XRP is stabilizing after the recent sell-off, with buyers actively defending a local demand zone. Price action suggests selling pressure is weakening, and the market is attempting to build a short-term base. As long as this support holds, a recovery move toward higher resistance levels remains favored.
Trade Setup (Long):
🟢 Entry Zone: 1.88 – 1.92
🎯 TP1: 1.97
🎯 TP2: 2.05
🎯 TP3: 2.15
🛑 Stop Loss: 1.82
Outlook:
Holding above the $1.88 support keeps the bullish recovery scenario intact. A clean push through $1.97 could open the door for continuation toward higher targets. Consider scaling out at each target and manage risk according to your strategy.
Trade patiently. Stay disciplined.
XRP
1.8007
-5.41%