XRP: Ready for a Rebound? Busan is Bullish on This Scalp! 🚀
XRP/USDLongScalp1d ago4 views
Trade Setup
Entry Price
1.3833
Stop Loss
1.3499
Take Profit
1.4667
Risk : Reward
1 : 2.50
RiskReward
XRP Bullish Setup Forming!
Hey KoraFX fam! Jiwoo Jung here from Busan! 🇰🇷 XRP is currently sitting at 1.39, down about 2.33% in the last 24 hours, and the trend looks bearish on the surface. But you know me, I always find the hidden gems! 👀 We've seen a test of the 1.3622 daily low and a bounce, showing some buying pressure around that key support. This is exactly what I like to see for a quick scalp long setup! Don't let the red fool you; reversals are where the real money is made! 💰
My Scalp Play: Riding the Bounce
My analysis, combining technical resilience at current levels and the broader bullish sentiment for altcoins, tells me XRP is ready for a short-term pop. I'm looking to go long with an entry at 1.3833. This level gives us a great risk/reward, just above the strong support at 1.38 and 1.385. My stop loss is set tight at 1.3499 – always protect that capital! But my target? We're aiming for 1.4667! I see clear skies past the 1.4 and 1.4178 resistance levels. If we clear those, it's LFG! 📈 Let's get this bread, diamond hands! ✨
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