#MatrixFamily listen to me carefully…
$XRP is showing strong bearish momentum on the 4H chart after facing rejection near $1.39. Sellers have taken control, and the price is now trading around $1.3165. A breakdown below $1.3060 could open the door for further downside.
$XRP SHORT TRADE SETUP
Entry Range: $1.3160 – $1.3250
Stop Loss: $1.3450
TP1: $1.3060
TP2: $1.2900
TP3: $1.2750
Market Analysis:
$XRP has dropped sharply from the $1.39 resistance zone, forming consecutive bearish candles on the 4H timeframe. The current price is approaching support around $1.3060, making this a critical level to watch. A confirmed breakdown could push the price toward $1.29 and $1.2750.
If buyers defend $1.3060 and reclaim $1.3450, selling pressure could weaken and the bearish setup may fail. Wait for confirmation before entering the trade.
Invalidation Level: $1.3450
$XRP is showing strong bearish momentum on the 4H chart after facing rejection near $1.39. Sellers have taken control, and the price is now trading around $1.3165. A breakdown below $1.3060 could open the door for further downside.
$XRP SHORT TRADE SETUP
Entry Range: $1.3160 – $1.3250
Stop Loss: $1.3450
TP1: $1.3060
TP2: $1.2900
TP3: $1.2750
Market Analysis:
$XRP has dropped sharply from the $1.39 resistance zone, forming consecutive bearish candles on the 4H timeframe. The current price is approaching support around $1.3060, making this a critical level to watch. A confirmed breakdown could push the price toward $1.29 and $1.2750.
If buyers defend $1.3060 and reclaim $1.3450, selling pressure could weaken and the bearish setup may fail. Wait for confirmation before entering the trade.
Invalidation Level: $1.3450