$XRP — PARABOLIC SPIKE LOSING STEAM.
TIME TO SHORT...
Look at what $XRP just did—it rocketed up from that $0.98 base in a massive vertical candle, but now it's slowing down heavily in the $1.39 zone.
When a coin pumps this fast without building a proper base, it leaves a huge gap underneath. Sellers are stepping in to defend these levels, and a retracement looks overdue.
🔻 SHORT SETUP :
🎯 TP 1: $1.25
🎯 TP 2: $1.10
🎯 TP 3: $0.98+
Don't FOMO into green candles at the local top. Playing the rejection here offers a much better risk-to-reward ratio.
TIME TO SHORT...
Look at what $XRP just did—it rocketed up from that $0.98 base in a massive vertical candle, but now it's slowing down heavily in the $1.39 zone.
When a coin pumps this fast without building a proper base, it leaves a huge gap underneath. Sellers are stepping in to defend these levels, and a retracement looks overdue.
🔻 SHORT SETUP :
🎯 TP 1: $1.25
🎯 TP 2: $1.10
🎯 TP 3: $0.98+
Don't FOMO into green candles at the local top. Playing the rejection here offers a much better risk-to-reward ratio.
