XRP Faces Heavy Long Flush
$XRP is showing downside pressure after longs were liquidated around $1.505.
$XRP — SHORT
Entry: 1.500 – 1.510
SL: 1.535
TP1: 1.480
TP2: 1.455
TP3: 1.430
TP4: 1.400
The $5.03K long liquidation signals rejection near the $1.50 area and a loss of short-term buyer control. A weak retest into 1.500–1.510 would keep the bearish setup valid, while reclaiming 1.535 would invalidate the trade.
#NEARRisesNearly80%InAWeek
#CircleLaunchesInstitutionalBTCBackedBorrowing
#ECBStartsBlockchainEuroSettlement
$XRP is showing downside pressure after longs were liquidated around $1.505.
$XRP — SHORT
Entry: 1.500 – 1.510
SL: 1.535
TP1: 1.480
TP2: 1.455
TP3: 1.430
TP4: 1.400
The $5.03K long liquidation signals rejection near the $1.50 area and a loss of short-term buyer control. A weak retest into 1.500–1.510 would keep the bearish setup valid, while reclaiming 1.535 would invalidate the trade.
#NEARRisesNearly80%InAWeek
#CircleLaunchesInstitutionalBTCBackedBorrowing
#ECBStartsBlockchainEuroSettlement