$XRP /USDT – 4H Trade Setup
Market Insight:
$XRP is pulling back slightly, currently at 3.4275, down -1.27%. Despite the dip, price remains above the 7, 25, and 99-period moving averages, showing medium-term strength. The dip may be a retest of the MA cluster zone (~3.41–3.42) with volume still active (7.81M XRP this candle).
Entry Zone:
3.38 – 3.42
(Optimal entries on dips near MA(7) or prior support at 3.36–3.38)
Targets:
🎯 Target 1: 3.48
🎯 Target 2: 3.53
🎯 Target 3: 3.60
Stop Loss:
🔻 3.34
(Below recent support zone and bearish invalidation)
Key Levels:
Resistance: 3.48, 3.525, 3.60
Support: 3.36, 3.34, 3.27
MA Cluster: MA(7): 3.4189 | MA(25): 3.4263 | MA(99): 3.2925
Volume Note: MA(5) > MA(10) in volume = bullish pressure sustaining
Pro Tip:
This dip may be a healthy retracement in an ongoing uptrend. Watch for a bullish engulfing candle near 3.38–3.42 to confirm entry. A strong 4H close above 3.48 could spark a fresh move toward the 3.53–3.60 range.
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