XRP Dip Buy Alert! Bouncing off Support, Time for the Bulls to Send It! 🚀

XRP/USDLongIntraday1w ago14 views

Trade Setup

Entry Price

1.3236

Stop Loss

1.2917

Take Profit

1.4034

Risk : Reward

1 : 2.50

RiskReward

Current Market Vibe & My Take


Alright KoraFX fam! 👋 XRP/USD has been pulling back a bit, currently at 1.33, down about -2.78% in the last 24h. The overall trend is looking bearish short-term, with the day range bouncing between 1.3034 and 1.3566. BUT, you know me, I see opportunity in these dips! While the bears are trying to flex, I'm spotting a juicy bounce setup brewing. 👀

Technicals & Trade Plan


We're hovering right around some key support levels, specifically 1.325 and 1.32. My entry for this intraday long is set at 1.3236 – looking to catch that bounce right off the potential floor! 🎯 We've got initial resistance at 1.335 and 1.34 to watch, but if we break those, I'm aiming for a strong run up to my Take Profit at 1.4034. My Stop Loss is tight at 1.2917, just below the 1.3034 daily low. Aggressive? Yes! But that

Comments

Loading comments...