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$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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