$XRP Trading Strategy

Entry Points

Pullback Buy:

Look for price retracements to $1.31 or near the MA (25) for a safer entry.

Breakout Buy:

Enter if the price breaks above $1.4095 with significant volume.

Stop-Loss

Place stop-loss slightly below $1.1948 to protect against a reversal.

Profit Targets

Short-Term:

Target $1.50 based on the upward momentum.

Medium-Term:

Target $1.70 or higher if the bullish trend continues.

Exit Strategy

Consider partial profit booking near $1.50.

Exit fully if bearish reversal patterns form, such as a break below $1.1948.

Support and Resistance Levels

Resistance:

$1.4095 (recent high).

Support:

$1.31 (recent breakout level).

$1.1948 (secondary support from previous consolidation).

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