XRP Bounce Incoming! Time to Load Up on Dips! 🚀

XRP/USDLongIntraday2w ago5 views

Trade Setup

Entry Price

1.3933

Stop Loss

1.3597

Take Profit

1.4773

Risk : Reward

1 : 2.50

RiskReward

Alright KoraFX fam! Chinelo here, and even with the current bearish vibes, I'm seeing a fantastic intraday long opportunity on XRP/USD! The market's down about -1.32% today, hovering around 1.4, but don't let that fool you. This dip is looking like a prime setup for a bounce! My entry is set at 1.3933, stop loss tight at 1.3597, and we're aiming for a sweet take profit at 1.4773. Let's get it! 💪

Technical Sweet Spot 🎯


We've seen XRP dip to the lower end of its day range, hitting 1.372 earlier. My entry point at 1.3933 is perfectly positioned around the strong support levels of 1.39 and 1.395. This is where the buyers step in, no doubt! My stop loss at 1.3597 is just below that critical 1.372 support, giving us room but cutting losses if things turn sour. But I don't see that happening! I'm eyeing a swift move past 1.405 and

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