$XRP
Here's what I'm seeing as a trader:
🟢 Price is trading slightly above the MA60 (1.1002), which suggests buyers are trying to regain short-term control.
🟡 RSI is around 51.6, showing momentum has turned neutral-to-bullish, but it still needs stronger buying volume for confirmation.
🟢 $XRP has broken the short-term descending trendline and is now retesting it. If this level holds, continuation to the upside becomes more likely
🔴 Resistance: 1.1090, then 1.1210.
🟢 Support: 1.0950. Losing this level would weaken the current bullish structure.
Trade setup:
Long Entry: 1.1000–1.1020 (or on a confirmed breakout above 1.1090).
TP1: 1.1090
TP2: 1.1210
Stop Loss: Below 1.0950
I will stay bullish as long as $XRP holds above 1.0950. A clean break above 1.1090 could open the door for a move toward 1.1210.
Here's what I'm seeing as a trader:
🟢 Price is trading slightly above the MA60 (1.1002), which suggests buyers are trying to regain short-term control.
🟡 RSI is around 51.6, showing momentum has turned neutral-to-bullish, but it still needs stronger buying volume for confirmation.
🟢 $XRP has broken the short-term descending trendline and is now retesting it. If this level holds, continuation to the upside becomes more likely
🔴 Resistance: 1.1090, then 1.1210.
🟢 Support: 1.0950. Losing this level would weaken the current bullish structure.
Trade setup:
Long Entry: 1.1000–1.1020 (or on a confirmed breakout above 1.1090).
TP1: 1.1090
TP2: 1.1210
Stop Loss: Below 1.0950
I will stay bullish as long as $XRP holds above 1.0950. A clean break above 1.1090 could open the door for a move toward 1.1210.