XRP Trading Scenarios (Daily Chart)

Hey traders! Let’s break down what’s happening with XRP around the $3.00 level. This price area is very important right now, it could decide the next move. 🚀 or 📉

✅ Bullish Case (If XRP breaks $3.00 upwards)

1. What to watch: If the daily candle closes above $3.00, that means buyers are strong.
   
2. Entry idea: Wait for a break and retest of $3.00 (price goes above $3.00, then comes back down slightly to confirm it as new support).
   
3. Target (Take Profit): $3.10 – $3.20
   
4. Stop Loss (Risk control): Place it below $2.90
   

👉 Tip for beginners:
Don’t FOMO in! Always wait for the candle to close above $3.00 to confirm the breakout.

❌ Bearish Case (If $3.00 rejects downwards)

• What to watch: If XRP fails to break $3.00 and gets pushed down, sellers are in control.
  
• Entry idea: Look for a rejection pattern near $3.00 (long wicks, bearish engulfing, etc.) before entering short.
  
• Target (Take Profit): $2.85 – $2.75
  
• Stop Loss (Risk control): Place it above $3.05
  

👉 Tip for beginners:
Patience is key! A clear rejection will give you a safer entry instead of guessing.

🔑 Quick Reminders

• Always use Stop Loss → This protects you from big losses.
  
• Trade with a plan → Don’t jump in without knowing your entry, target, and stop.
  
• $3.00 is the key level → Above it = bullish bias, below it = bearish pressure.
  

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-Neo