🚀 $XRP is currently testing a critical dynamic resistance level! 📈 Is a breakout imminent, or are we looking at a fakeout? 🤔
On the 30-minute chart ⏱️, price action is tightly compressing between the EMA25 and EMA99 🛠️. This comes after successfully flipping the 1.38 support back to the buyers' side 🛡️. With a higher-low structure developing and EMAs beginning to converge 🧬, there is significant liquidity 💧 waiting just above the 1.40–1.41 range. If the 1.385 level remains solid, the momentum 💨 is leaning heavily toward an upside continuation ⬆️.
💹 Trade Setup Details 💹
🎯 Entry Zone: LONG 🟢 1.3800 — 1.3950
💰 Take Profit 1: 1.4100 🏁
💰 Take Profit 2: 1.4350 🚀
💰 Take Profit 3: 1.4700 🌕
🛑 Stop Loss: 1.3550 ⚠️
📝 Market Outlook 📝
The bias stays firmly bullish 🐂 as long as the 1.38 structure holds firm. A decisive break 🔨 and a candle close above 1.41 will likely trigger a massive expansion 🌊 toward the 1.47 liquidity zone 💎.
