XRP has broken out of a multi-month consolidation zone, clearing major resistance levels around $2.75–$3.00. The current price action shows strong bullish momentum supported by moving averages and an overextended RSI.
Key levels:
Entry: $3.46 (market price)
Stop-Loss: $2.75 (below 0.382 Fibonacci and prior resistance)
Target: $4.49 (based on previous price structure and Fibonacci extension)
Risk-to-Reward Ratio: ~1:3.9
Analysis:
Bullish EMA alignment (price is above 20/50/100/200)
RSI is overbought (~87), which signals strength but also warns of potential retracement
No retest of breakout zone yet — caution on late entries
This setup is momentum-based, not for late chasers. I will monitor for a clean retest around the $3.00–$3.20 area for a safer re-entry if price pulls back.
Key levels:
Entry: $3.46 (market price)
Stop-Loss: $2.75 (below 0.382 Fibonacci and prior resistance)
Target: $4.49 (based on previous price structure and Fibonacci extension)
Risk-to-Reward Ratio: ~1:3.9
Analysis:
Bullish EMA alignment (price is above 20/50/100/200)
RSI is overbought (~87), which signals strength but also warns of potential retracement
No retest of breakout zone yet — caution on late entries
This setup is momentum-based, not for late chasers. I will monitor for a clean retest around the $3.00–$3.20 area for a safer re-entry if price pulls back.
면책사항
이 정보와 게시물은 TradingView에서 제공하거나 보증하는 금융, 투자, 거래 또는 기타 유형의 조언이나 권고 사항을 의미하거나 구성하지 않습니다. 자세한 내용은 이용 약관을 참고하세요.
면책사항
이 정보와 게시물은 TradingView에서 제공하거나 보증하는 금융, 투자, 거래 또는 기타 유형의 조언이나 권고 사항을 의미하거나 구성하지 않습니다. 자세한 내용은 이용 약관을 참고하세요.