XRP Price Outlook: Trader Issues New Long Setup

• A fresh long setup on XRP has caught traders’ attention as the asset consolidates on the 1-hour chart. The trade outlines a focused strategy with a take-profit target at 2.520 and protective stop-loss at 2.1499. The position includes an unusual social element — full closure at target once the post hits 100 likes.

• The setup carries both opportunity and risk. XRP is currently trading around 2.2657, bouncing from an order block near 2.23–2.24. Multiple break-of-structure confirmations suggest short-term bullish momentum, but the stop-loss at 2.1499 presents meaningful downside risk, especially for leveraged positions.

• The potential return to 2.520 looks attractive compared to the controlled loss if price reverses. Some traders suggest a more flexible approach — taking profits incrementally rather than waiting for a single target. This could reduce volatility exposure while capturing part of the projected gain.

• XRP has recently shown a shift in short-term structure with repeated breakout signals, liquidity sweeps, and a bounce from the demand zone. These conditions often precede moves toward higher liquidity pools, which aligns with the chart’s target area near 2.52. Success could spark increased market activity and stronger short-term sentiment around XRP.

• For traders following XRP, this represents a structured but high-risk opportunity based on current 1-hour chart behavior.

Source: Valeriya