$XRP



Staring at this XRP chart today and honestly, it’s a masterclass in why patience is a literal virtue in this space. We watched that climb to 1.4570 only to see the market take a deep breath back down. It’s a reminder that green candles are great, but the consolidation periods are where the actual plan is made.
I’m looking at the MA7 (1.4262) and MA14 (1.4276) starting to flatten out above the current price. It feels like we're in that "wait and see" pocket. Here’s how I’m reading the room:
The Setup
• Entry: Watching the current level around 1.4236. If we hold here, it feels like a decent spot to lean in.
• Target: Aiming for a reclaim of the MA28 (purple line) at 1.4305, with the ultimate goal of retesting that 24h High of 1.4570.
• Stop Loss: Keeping it safe. If we slip under the recent support of 1.4133, the thesis changes and I’m out.#GateSquareMayTradingShare
XRP0.56%
post-image
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pin