While most traders are waiting for a deeper flush, smart money is quietly absorbing the supply on ($XRP). The 1-hour chart is printing a classic "shakeout" pattern that usually precedes a violent recovery.
XRPUSDT
Perp
1.3201
-1.96%
$XRP – LONG 🚀
🎯 Trade Plan:
Entry: $1.3280 – $1.3350
SL: $1.3150
TP1: $1.3570
TP2: $1.3850
TP3: $1.4200+
🔥 Why this setup?
Market Structure: Holding firmly above the 1H SuperTrend support at $1.3268 after a successful retest of the local breakout zone.
RSI / Momentum: RSI(6) has cooled off to 36.62, indicating the asset is locally oversold and primed for a bounce back toward the 24h high.
Liquidity: Heavy 24h volume of $367M confirms massive interest; a reclaim of $1.3430 will likely trigger a massive short-squeeze.
The Debate:
Is this just a relief bounce, or is XRP finally decoupling for a solo run to $1.50? 🧐
Click here to Trade 👇
#xrp #cryptosignals #BinanceSquare
BTCUSDT
Perp
66,239.5
-0.70%
ETHUSDT
Perp
1,991.01
-1.33%