Login / Join

Technical analysis by TradingNomadic about Symbol XRP: Buy recommendation (4/29/2025)

https://sahmeto.com/message/3461221
TradingNomadic
TradingNomadic
Rank: 128
3.2

XRP - Weekly Checkback / 3 bar play

Buy
Price at Publish Time:
$2.3
Profit Target:
(+53.30%)$3.52
Stop Loss Price:
(-34.74%)$1.5
Buy،Technical،TradingNomadic

So long as this low holds up on XRP, id call this a major checkback here, above the old 2021 highs. Alongside a lot of other alt coins, XRP also has a real nice 3 bar play. a 3 candle stick pattern that implies bullish continuation, especially in the context of a major weekly checkback. This is powerful on a macro time scale. In the same respect, it would be a major red flag if that low is lost. It isnt a death sentence, but it does change the story. This is an open trade ive previously posted here, but if i were looking to add to a position, or open a new long, i would use that red flag as stop loss and reassess.

Source Message: TradingView
Signals
Top Traders
Feed
Alerts