$XRP Today's Pro Futures Trading Plan for $XRP/USDT (13 Jun 2025 | 21:09 UTC)
Long Strategy:
• Trade Direction & Setup Rationale: XRP/USDT is currently finding support after a significant drop. A bounce from current levels ($2.12-$2.14) could target higher resistance.
• Entry Zone: $2.12 - $2.14 (looking for confirmation of support holding)
• Stop-Loss: $2.09 (below recent low)
• Profit Targets: TP1: $2.18 (20-period MA), TP2: $2.22 (200-period MA/previous resistance)
• Risk/Reward Insight: Moderate, dependent on bounce strength; favorable if support holds.
• Invalidation Level / Caution Note: A sustained break below $2.08 invalidates the long setup.
• Leverage Suggestion: Moderate (3-5x). Watch for increasing buying volume.
Short Strategy:
• Trade Direction & Setup Rationale: XRP/USDT is in a short-term downtrend, recently breaking major support. Rejection from the 20-period MA or a breakdown from current support could confirm further downside.
• Entry Zone: Below $2.11 (on breakdown) or $2.18 (on retest and rejection of 20-period MA).
• Stop-Loss: $2.15 (above immediate resistance)
• Profit Targets: TP1: $2.08, TP2: $2.05
• Risk/Reward Insight: Favorable if downtrend continues; higher risk on bounces.
• Invalidation Level / Caution Note: A sustained break and hold above $2.20 invalidates the short setup.
• Leverage Suggestion: Moderate (3-5x). Look for increasing selling pressure.
Disclaimer: Futures trading is highly risky. This analysis reflects my personal view and is not financial advice.