$XRP Just Exploded 21%! But Why I Am Placing My Buy Orders Lower? (RSI 91 Alert)
XRP is up massive today, but my 4H RSI is flashing extreme 'Overbought' (91+). Don't chase this top; crypto whales buying 380M XRP to try and change the market structure because of the US legal clarity .
But Smart money doesn't FOMO into vertical candles, especially when there is a warning of a bearish RSI divergence and extreme funding rates . They buy the pullback. Here is my setup:
📍 Entry: $1.50 - $1.53
🎯 Target 1: $1.59
🎯 Target 2: $1.66
🛑 Stop Loss: $1.44
💡Tip: Always wait for the market to flush out the FOMO and give you a discount. Chasing RSI 91 is the fastest way to lose money.
Do you think XRP will retest $1.50 or continue straight to $1.66? Drop a comment below! 👇
(🟢 Breakout Up / 🔴 Pullback Down)
#XRP #Ripple #Crypto #BinanceSquare
XRP is up massive today, but my 4H RSI is flashing extreme 'Overbought' (91+). Don't chase this top; crypto whales buying 380M XRP to try and change the market structure because of the US legal clarity .
But Smart money doesn't FOMO into vertical candles, especially when there is a warning of a bearish RSI divergence and extreme funding rates . They buy the pullback. Here is my setup:
📍 Entry: $1.50 - $1.53
🎯 Target 1: $1.59
🎯 Target 2: $1.66
🛑 Stop Loss: $1.44
💡Tip: Always wait for the market to flush out the FOMO and give you a discount. Chasing RSI 91 is the fastest way to lose money.
Do you think XRP will retest $1.50 or continue straight to $1.66? Drop a comment below! 👇
(🟢 Breakout Up / 🔴 Pullback Down)
#XRP #Ripple #Crypto #BinanceSquare