🚨 #xrp Trade Setup – Potential Long Opportunity 🚨 $XRP

On the 4H timeframe, XRP has completed a 5-wave structure, which may signal the end of the second corrective wave of the Elliott pattern.

🔍 A key trendline resistance (highlighted in the circle) is being closely watched. A breakout above this line could confirm bullish momentum and provide a solid entry point for a long position.

📈 Trade Plan:

• Entry: Market buy upon breakout of trendline resistance + confirmation via previous high breakout

• Stop-Loss: Just below the bottom of Wave 5

• Take-Profit:

• TP1: Retest of previous high

• TP2: 2.65.50 target zone

⚠️ Wait for confirmation of breakout — no entry before the resistance is broken with momentum.

This setup follows classic Elliott Wave Theory, aligned with structure, momentum, and breakout logic. Monitor price action closely!

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