$XRP looks weak, here is the plan
Short zone: 1.397 - 1.402
Take profit: 1.369, then 1.354
Get out if it climbs above: 1.411
$XRP is at the bottom of its range. What that means
XRP is trading at 1.397, down 1.0% in the last 24 hours.
The trend is down and bounces keep getting sold.
The chart is squeezing into a descending channel; these usually end with a sharp move.
Red does not mean broken. It means wait for the chart to prove itself.
Trade XRP: spot https://www.binance.com/en/trade/XRP_USDT | futures https://www.binance.com/en/futures/XRPUSDT
$XRP #XRP #Write2Earn #PriceAction #TechnicalAnalysis
Automated technical analysis, not financial advice. I am not responsible for your trades. DYOR.
Short zone: 1.397 - 1.402
Take profit: 1.369, then 1.354
Get out if it climbs above: 1.411
$XRP is at the bottom of its range. What that means
XRP is trading at 1.397, down 1.0% in the last 24 hours.
The trend is down and bounces keep getting sold.
The chart is squeezing into a descending channel; these usually end with a sharp move.
Red does not mean broken. It means wait for the chart to prove itself.
Trade XRP: spot https://www.binance.com/en/trade/XRP_USDT | futures https://www.binance.com/en/futures/XRPUSDT
$XRP #XRP #Write2Earn #PriceAction #TechnicalAnalysis
Automated technical analysis, not financial advice. I am not responsible for your trades. DYOR.
