$XRP Bears Remain in Control — Can $1.31 Hold?
$XRP has dropped sharply from $1.52 to $1.31, keeping selling pressure in focus. The trend remains bearish, and high volatility means traders should wait for confirmation instead of chasing the move.
Market Direction: Bearish
Entry Zone: $1.38 – $1.40 (only if price retests and shows rejection)
SL: $1.45
TP1: $1.32
TP2: $1.25 if selling pressure continues and support breaks
Guys Watch price action closely and manage your risk. A bounce is possible, but a confirmed reversal is needed before considering a bullish setup.
Are you waiting for a retest to short XRP, or looking for a reversal?
$XRP has dropped sharply from $1.52 to $1.31, keeping selling pressure in focus. The trend remains bearish, and high volatility means traders should wait for confirmation instead of chasing the move.
Market Direction: Bearish
Entry Zone: $1.38 – $1.40 (only if price retests and shows rejection)
SL: $1.45
TP1: $1.32
TP2: $1.25 if selling pressure continues and support breaks
Guys Watch price action closely and manage your risk. A bounce is possible, but a confirmed reversal is needed before considering a bullish setup.
Are you waiting for a retest to short XRP, or looking for a reversal?