$XRP is still showing a weak 15m structure. Price dropped from 1.4056 to 1.3510, followed by lower highs and lower lows. The bounce stalled around 1.37, while volume faded after the initial selloff. For me, 1.3460 is the immediate line in the sand. Hold it and XRP can chop; lose it and another leg lower becomes more likely. Reclaiming 1.37 would be the first sign of strength.
Meanwhile, USD/JPY is a different setup, but the same risk-management principle applies. After U.S. and Japanese intervention helped the yen recover, fading that move blindly becomes less attractive. I’m watching the pair on BingX, but policy risk can invalidate technical setups quickly. FX options could provide a more defined-risk way to express the yen view.
#XRP #Macro Insights# #Altcoin Season# $BTC
Meanwhile, USD/JPY is a different setup, but the same risk-management principle applies. After U.S. and Japanese intervention helped the yen recover, fading that move blindly becomes less attractive. I’m watching the pair on BingX, but policy risk can invalidate technical setups quickly. FX options could provide a more defined-risk way to express the yen view.
#XRP #Macro Insights# #Altcoin Season# $BTC
