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$XRP Setup 📊
Entry: $1.16 - $1.19
SL: $1.10
TP1: $1.25
TP2: $1.35
TP3: $1.50
Analysis:
XRP is showing signs of recovery after putting in a strong reaction from the $1.05 bottom. The recent bounce confirms buyers are stepping in at lower levels, while the current pullback looks healthy rather than a trend breakdown.
The $1.25 zone is the first major hurdle. If bulls reclaim that level, the chart opens up for a move toward $1.35 and potentially a retest of the $1.50 area. Price is also starting to build a sequence of higher lows, which is exactly what you want to see during the early stages of a trend reversal.
The structure is improving, momentum is gradually returning, and as long as XRP holds above the $1.10 support zone, the recovery remains intact. 👀📈
Confidence: 8/10
Bias: Bullish while above $1.10. 🚀
#MyGateTradeStory #TradFiCFDGoldMasters