$XRP : Bullish Setup Brewing on the 15-Min Chart!
Current Price: $2.5487 (+4.56%)
Perp: $2.5429 (+4.38%)
XRP is flexing bullish strength after a clean breakout from a descending wedge!
Now it’s pulling back just right for a healthy retest before the next potential leg up!
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Trend Overview:
✅ Breakout confirmed from the wedge resistance
✅ Retesting key supports — FVG zones, previous breakout areas & EMA100/200
✅ Consolidation below resistance at $2.62–$2.65 — bullish digestion phase
✅ MACD on Daily & 4H still showing bullish continuation signals
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📈 Trade Setup: Long (Futures)
🟢 Position Type:
Long (Buy)
📍 Entry Zone:
$2.50 – $2.52
(Supported by FVGs, EMA100/200 zones, and wedge breakout retest)
📉 Stop-Loss:
$2.44
(Just under EMAs & FVG bottom – breaks here invalidate the structure)
🎯 Take-Profit Targets:
TP1: $2.59
TP2: $2.63 – $2.65
TP3 (Extended): $2.85 – $3.14 (daily wedge breakout target!)
📊 Risk-Reward (R:R):
1:2 to 1:3 depending on exit point
⚙️ Leverage:
Use 5x–10x Futures leverage — keep risk in check!
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🧠 Pro Tips & Confirmation:
MACD: Still bullish on higher timeframes
EMA Stack: 50/100/200 EMAs aligned bullish
Structure: Higher low expected post-breakout — bullish momentum intact
OCO Setup (for Binance Traders):
Entry: Limit Buy at $2.51
TPs: $2.59 and $2.63
SL Trigger: $2.45 | Final SL: $2.44
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Let’s ride XRP’s bullish wave and aim for that sweet $3+ mark!
