$XRP TO $5? SALARY PLAN OR JUST HYPE?
$XRP | BULLISH BREAKOUT IN PLAY
MARKET STRUCTURE
XRP is currently trading above its 200-day EMA, reclaiming key psychological levels around $0.65. The recent surge aligns with speculative buzz around a potential “salary plan” integration—suggesting XRP could be used for payroll or remittance flows. While unconfirmed, this narrative has sparked bullish sentiment.
- Trend: Higher highs and higher lows on 4H and Daily
- Volume: Spike on breakout above $0.60 zone
- Momentum: RSI at 68, approaching overbought but not exhausted
TECHNICAL SETUP
📌 Entry Zone: $0.63–$0.66 (pullback entry)
🎯 Target 1: $0.72 – Previous resistance zone
🎯 Target 2: $0.88 – Weekly breakout level
🎯 Target 3: $1.05 – Psychological round number, fib extension zone
⛔️ Stop Loss: $0.58 – Below breakout structure
RISK MANAGEMENT
Risk 2% max per trade. Consider trailing stop once price crosses $0.88. Watch for volume divergence or RSI bearish divergence near $1.05
SALARY PLAN NARRATIVE: FACT OR FOMO?
The “salary plan” rumor suggests XRP could be adopted for payroll disbursement in fintech or remittance platforms. While no official confirmation exists, the idea taps into XRP’s core strength: fast, low-cost cross-border transfers. If institutional adoption follows, $5 isn’t just a meme—it’s a macro target.
MINDSET TIP
Don’t chase green candles. Let price come to your zone. Hype fades, but structure holds.
TECHNICAL HASHTAGS
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