I called $1.20 XRP's floor this morning — wrong. It broke to $1.18, an 11-week low, and every dip-buyer is underwater.
OKX has $XRP at $1.185, down 9.6% in 24h (16:25 UTC), range $1.18–$1.32, while $BTC holds around $76,000. $123.4M of longs sit within 5% below price (TheCryptoBasic) — 5.6x more longs at risk than shorts — RSI 35.71, near oversold.
$1.20 was the level we all trusted. Now it's the ceiling. So I'm leaning long as a small bounce at $1.18 — not a trend call.
Entry $1.18–$1.19. Targets $1.20 / $1.23 / $1.2541. Stop below $1.18. Half at TP1, quarters at TP2/TP3, stop to entry after TP1.
If $1.20 reclaims, $1.23 opens; if $1.18 breaks, $1.14 is next — a daily close below $1.18 proves this wrong.
Bought $1.20 as the floor — holding for the reclaim, or cutting below $1.18?
Not financial advice. DYOR.
#XRP #TradingPsychology #Altcoins
OKX has $XRP at $1.185, down 9.6% in 24h (16:25 UTC), range $1.18–$1.32, while $BTC holds around $76,000. $123.4M of longs sit within 5% below price (TheCryptoBasic) — 5.6x more longs at risk than shorts — RSI 35.71, near oversold.
$1.20 was the level we all trusted. Now it's the ceiling. So I'm leaning long as a small bounce at $1.18 — not a trend call.
Entry $1.18–$1.19. Targets $1.20 / $1.23 / $1.2541. Stop below $1.18. Half at TP1, quarters at TP2/TP3, stop to entry after TP1.
If $1.20 reclaims, $1.23 opens; if $1.18 breaks, $1.14 is next — a daily close below $1.18 proves this wrong.
Bought $1.20 as the floor — holding for the reclaim, or cutting below $1.18?
Not financial advice. DYOR.
#XRP #TradingPsychology #Altcoins
