XRP Getting Ready to POP! My Intraday Long Setup! 🚀

Market Scan & My Bullish Outlook!

Wagwan, fam! 👋 Checking in on XRP/USD today and though it's been a bit sideways, currently chilling at 1.41, I'm seeing some serious potential brewing! The day range has been between 1.3818 and 1.4382, showing some consolidation. But you know me, I'm always looking for those bullish setups! I'm eyeing a breakout here, people! The underlying fundamentals for XRP, with its use case for cross-border payments, always keeps my optimism high for its long-term potential, and I feel that positive sentiment can start to push us this week.

Technical Bounce Play!

Looking at the charts, we’ve got some solid support around 1.405 and 1.4. My entry for this intraday long is at 1.4032, just above that strong 1.4 psychological level. This gives us a nice cushion for a bounce! We're looking to push past that immediate resistance at 1.415 and then 1.42. If we can clear those, it's LFG time! My stop loss is set at 1.3694, below the 1.3818 major support, keeping our risk tight.

Targeting Big Gains!

For this trade, I'm aiming for a sweet take profit at 1.4878! That's a strong move past the daily high of 1.4382 and a clear breakout. This could be where we start printing money