XRP · 1H · UPTREND
My long from September 24th triggered above 1.5400 and is still running — price has since tagged 1.6000 (my Target 1) and pulled back hard to 1.5297 where it sits now. That Target 1 hit is a completed structural objective, not a reason to stay in the same trade. The question now is whether this pullback from 1.6000 is a healthy higher-low forming inside the daily uptrend, or the beginning of a deeper corrective leg. The news context mentions 1.60 as a key neckline where a decisive break triggers the next leg toward 2.00 — price tagged it, got rejected, and is now retesting whether buyers step back in above the prior breakout zone.
CONTINUATION SCENARIO
Carried forward from
2026
Thu, 24 Sep 2026 — LONG.
Confirmation
1.5400
Already met — closed above 1.5400 on September 24th; Target 1 at 1.6000 has since been tagged.
Invalidation
1.4600
Close below 1.4600 — unchanged, not widened; losing that level breaks the higher-low structure and the daily uptrend read.
Target 1
1.6000
Hit; move to Target 2 now active.
Target 2
1.6500 — swing high zone at the top of this chart; still the extended objective if 1.60 gives way with momentum on the re-approach
Confidence
MEDIUM — target 1 is done, the pullback is real, and longs paying shorts at 0.01% funding means there's crowding on my side. The daily trend is up and the structure of higher highs and higher lows is intact, but I need 1.5400 to hold as support on a re-approach before I lean into the next leg.
Resistance: 1.5400 / 1.6000
Support: 1.4600 / 1.3600
This is not financial advice. Content is AI-generated.