@fxscalpersignals 17 April 2026 more from that month

Beyond the $1.38 Line: Is XRP Prepping for a Weekend Moon Mission? I was up at 6:30 AM today scanning the 4-hour charts, and the setup is looking cleaner than I expected. If you’ve been following my last few updates, you know I’ve been calling $1.38 the "Line in the Sand." For weeks, this level was a brick wall for the bulls, but as of this Friday morning, April 17th, we have officially flipped it into a support floor. The $1.38 Flip: From Ceiling to Floor In the screenshot below from my morning scan, you can see exactly where the battle was won. I’ve marked the key rails in red.

Chart analysis from my Bybit trading terminal. The price is currently hovering around $1.42–$1.43, and what I like most is how we are "consolidating" above the breakout point. Instead of a "pump and dump," we are seeing healthy sideways movement. This suggests that the $1.38 level is being retested and validated as the new "ground floor" for the next leg up. Why the Momentum is Real It’s not just a technical breakout; the fundamentals are finally lining up. The Rakuten Effect: Japan’s e-commerce giant, Rakuten, just integrated XRP into their payment app. We are talking about 44 million users who can now spend XRP at over 5 million merchants. This is the "Real World Utility" that investors have been waiting years to see. Institutional Inflows: Seven US spot XRP ETFs are now seeing consistent net inflows. When the "Big Money" starts stacking at $1.40, they aren't looking for a 2-cent gain—they are looking for a multi-dollar move. CLARITY Act Countdown: With the Senate Banking Committee gearing up for the markup vote this month, the fear of "regulatory uncertainty" is dying. Breaking Down the Data If you look at the specific candle data from my Bybit scan below, the volume tells the whole story. we saw over 18.5 million XRP in volume on a single 4-hour candle. That is institutional "gas" in the tank. As the data box shows, we hit a high of $1.4658 recently. This is our "Final Boss" for the weekend. If we can close a 4-hour candle above $1.46, the psychological target of $1.50 is going to be hit very quickly. My Weekend Game Plan I am not chasing this rally blindly. My strategy is simple: 1. Support: I am looking for any wicks down toward $1.38–$1.39 as a "Buy the Dip" zone. 2. Stop Loss: I’ve moved my stop-loss up to $1.36 to lock in profits. If we drop back into the $1.20s, the trade is dead for now. 3. Targets: My first take-profit is at $1.45, but I’m leaving a "moon bag" open for a run to $1.60 if the CLARITY Act news leaks early. What do you think? Are we clearing $1.50 by Sunday night, or do we need one more retest of the floor? Let me know your targets below! Chart analysis from my Bybit trading terminal.