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$XRP just had a pretty exciting
week. It touched $1.50 on April 17, the first time it hit that level in all of 2026 then pulled back about 4% to where it sits now around $1.42. Classic post-breakout cooldown. Not a crash, not a collapse. Just the market catching its breath.
The two setups I'm watching:
Setup A ~ Buy the dip (the better play right now)
The idea: Wait for XRP to pull back to the $1.38-$1.40 zone, then enter long.
Don't chase it at $1.42. Be patient.
Let the price come to you.
Here's how the trade looks:
Entry: $1.38-$1.40
Take profit: $1.45 (first target), $1.48 (stretch target) Stop loss: $1.33-$1.34 With x3 leverage on $500: your position is $1,500. A 0.7% move up = ~$10 profit
The confirmation signal: wait for a green 5-minute candle closing above your entry with a volume spike. That tells you buyers are actually stepping in, not just a fake bounce.
Why this works: $1.38 has been a reliable bounce level. The short-term trend is building bullish structure. Risk/reward is about 1:1.8, which is solid for a scalp.
Setup B~ Short the resistance (if XRP rips higher)
The idea: If XRP rallies back up to $1.48-$1.50, that's where the sellers have been showing up. Entry: $1.48-$1.50
Take profit: $1.42-$1.43
Stop loss: $1.53
Expected profit: around $7-$10 per clean trade with x3 leverage
The confirmation: a red rejection candle on the 5-minute chart with volume. If sellers are stepping in, you'll see it clearly.
Why this works: $1.50 was tested on April 17 and got rejected almost immediately. The 7-day RSI hit 77 (that's overbought territory).
History shows XRP tends to pull back 3-4% from that level before trying again. #Gate13thAnniversaryLive