XRP/USDT is setting up a bullish continuation trade after a breakout followed by consolidation above key moving averages.
📈 Trade Details
Entry: $2.42772 (Fibonacci pullback zone)
Stop Loss: $2.40718 (below recent structure support)
Take Profit: $2.46879 (targeting recent highs)
Risk/Reward: ~1:2 — solid risk-managed entry
📊 Technical Confluence
✅ EMA OK: Price is above fast EMAs, showing strong momentum
✅ HTF EMA OK: Higher timeframe trend confirms bullish direction
✅ RSI OK: RSI is in bullish territory
✅ MACD OK: MACD supports the long bias
📈 Trade Details
Entry: $2.42772 (Fibonacci pullback zone)
Stop Loss: $2.40718 (below recent structure support)
Take Profit: $2.46879 (targeting recent highs)
Risk/Reward: ~1:2 — solid risk-managed entry
📊 Technical Confluence
✅ EMA OK: Price is above fast EMAs, showing strong momentum
✅ HTF EMA OK: Higher timeframe trend confirms bullish direction
✅ RSI OK: RSI is in bullish territory
✅ MACD OK: MACD supports the long bias
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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.
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.