$XRP
After a strong bullish rebound that began around $1.368, $XRP is now showing signs of pullback after reaching $1.5094.
This is a short-term counter-trend trade—please make sure to control risk.
Short entry: $1.490–$1.500
Take profit 1: $1.475
Take profit 2: $1.455
Take profit 3: $1.440
Stop loss: $1.525
Looking at the bigger picture, upward momentum is still somewhat bullish; however, after such a sharp rally, profit-taking and a pullback to the $1.42–$1.45 range cannot be ruled out.
After a strong bullish rebound that began around $1.368, $XRP is now showing signs of pullback after reaching $1.5094.
This is a short-term counter-trend trade—please make sure to control risk.
Short entry: $1.490–$1.500
Take profit 1: $1.475
Take profit 2: $1.455
Take profit 3: $1.440
Stop loss: $1.525
Looking at the bigger picture, upward momentum is still somewhat bullish; however, after such a sharp rally, profit-taking and a pullback to the $1.42–$1.45 range cannot be ruled out.