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Ripple XRP Intraday Trade Setup
XRPUSDT Perpetual Contract
Long
Ripple XRP Intraday Trade Setup
By Trade-Lean
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May 7, 2024
7
May 7, 2024
XRP pushed through $0.54 failed to sutain price action above it and now is having a bearish pullback.
However, as long as it is trading above $0.5276, a re-test of $0.5549 is very likely.
A bullish break-out of $0.54 will offer more upside towards $0.5549 and, possibly, higher to $0.5790.
Another re-test of $0.5276 followed by a bullish rejection and a break-out of $0.54 will lead XRP price to $0.5549 and, possibly, higher to $0.5790.
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