🔥Confirmed sell deal and continuation of the bearish wave in the medium term $XRP 📉🔴
📉 Market analysis and current data:
Current price and trading movement: The XRP/USDT pair is trading at 1.3778$, recording a sharp decline over the past 24 hours of 3.08%.
Trading range and liquidity volumes: The daily movement range has been between a low of 1.3177$ and a high of 1.4288$, with massive liquidity exceeding 1.03 billion XRP coins (equivalent to roughly 1.42 billion dollars).
Technical trend: Technical indicators and moving averages (such as the EMA) show a clearly negative reversal, with continued selling pressure and the bearish trend dominating in the medium term.
🎯 Confirmed Medium-Term Short Sell Trade Plan:
Trade type: Sell (Sell / Short)
Proposed entry zone: Between 1.3750$ and 1.3950$ (taking advantage of any mild corrective bounce upward to enter at favorable prices).
Take-profit targets:
First target: 1.3200$
Second target: 1.2500$
Stop loss: A daily close above 1.4300$ to fully protect capital from any sudden rebound.
💡 Risk management: Digital markets require strict adherence to stop-loss levels and precise capital sizing to ensure safe trading.
#xrp #Xrp🔥🔥 #XRPRealityCheck
$XRP
📉 Market analysis and current data:
Current price and trading movement: The XRP/USDT pair is trading at 1.3778$, recording a sharp decline over the past 24 hours of 3.08%.
Trading range and liquidity volumes: The daily movement range has been between a low of 1.3177$ and a high of 1.4288$, with massive liquidity exceeding 1.03 billion XRP coins (equivalent to roughly 1.42 billion dollars).
Technical trend: Technical indicators and moving averages (such as the EMA) show a clearly negative reversal, with continued selling pressure and the bearish trend dominating in the medium term.
🎯 Confirmed Medium-Term Short Sell Trade Plan:
Trade type: Sell (Sell / Short)
Proposed entry zone: Between 1.3750$ and 1.3950$ (taking advantage of any mild corrective bounce upward to enter at favorable prices).
Take-profit targets:
First target: 1.3200$
Second target: 1.2500$
Stop loss: A daily close above 1.4300$ to fully protect capital from any sudden rebound.
💡 Risk management: Digital markets require strict adherence to stop-loss levels and precise capital sizing to ensure safe trading.
#xrp #Xrp🔥🔥 #XRPRealityCheck
$XRP