$XRP
XRP is a liquidity coin — it moves fast, traps late entries, then runs when nobody trusts it. I’m not marrying the bias here; I’m trading the trigger.
Trade decision: LONG only after breakout + retest
Entry: on break above the nearest range high, then a retest that holds (buy the retest, not the candle)
SL: below the retest low
TPs: next resistance → prior swing high → extension zone if volume expands
Aggressive add: only if price prints higher low after TP1
Alternate plan: SHORT if support snaps
Entry: breakdown of the range low + retest failure
SL: above the broken support
TPs: first demand pocket → deeper liquidity sweep zone → capitulation wick area
Pro tips
Keep position size smaller than BTC/ETH trades; volatility is higher.
If price pumps with weak volume, expect a sharp fade — take profits quickly.
One rule: define the invalidation first, then enter. That’s how pros survive.
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