$XRP: Lower High Pattern Confirmed: Short Target in View
SHORT SETUP XRP
Entry: $1.2830 - $1.2840
Stop Loss: $1.3348
Take Profit: $1.1808 (2R)
Key Levels: Support $1.2817 | Resistance $1.2880
Technical Analysis for $XRP: All major EMAs sit above the price, confirming a bearish framework. MACD is negative with a descending histogram, while RSI at 34 and Stochastic K at 11 signal oversold momentum but still favor downside. Together, these indicators favor SHORT continuation toward support. Negative momentum and trend readings give this setup a clear bearish structure.
Market Context: BTC is in a bearish 4hour trend, down 1.1% over 24 h, and overall market breadth is broadly negative with 85.7% red
SHORT $XRP
SHORT SETUP XRP
Entry: $1.2830 - $1.2840
Stop Loss: $1.3348
Take Profit: $1.1808 (2R)
Key Levels: Support $1.2817 | Resistance $1.2880
Technical Analysis for $XRP: All major EMAs sit above the price, confirming a bearish framework. MACD is negative with a descending histogram, while RSI at 34 and Stochastic K at 11 signal oversold momentum but still favor downside. Together, these indicators favor SHORT continuation toward support. Negative momentum and trend readings give this setup a clear bearish structure.
Market Context: BTC is in a bearish 4hour trend, down 1.1% over 24 h, and overall market breadth is broadly negative with 85.7% red
SHORT $XRP
