🚨 XRP is gradually losing support — is this a technical rebound or just a bounce within a downtrend?
I just rechecked $XRP across multiple timeframes and the short-term structure is clearly leaning toward the sellers. Price is trading below key EMA zones, the rebound strength is weak, and the RSI on both D and 4H shows buyers haven’t really returned yet.
Quick plan summary for today:
Preferred entry: 1.1000 – 1.1120
Stop loss: above 1.1250
Target 1: 1.0600 – 1.0700
Target 2: around 1.0200
Why am I leaning toward the bearish scenario?
D timeframe: price is still below the EMA 20, EMA 50, and EMA 200.
4H timeframe: a large red candle has broken a short-term support.
1H timeframe: the bearish structure is still intact, and the RSI is in a weak zone.
The point I’m waiting for isn’t to chase the falling candle, but to wait for price to retrace into a confluence resistance area, then observe the reaction. If a clear rejection candle appears in this zone, that would be a better setup worth considering.
XRP may feel “cheap” right now, but with the current structure, I still want to prioritize discipline over emotions. No FOMO, no all-in, and always keep position sizing moderate.
Do you think XRP will continue toward 1.02, or bounce back to 1.15? Comment A or B so I can see which side has more people.
I just rechecked $XRP across multiple timeframes and the short-term structure is clearly leaning toward the sellers. Price is trading below key EMA zones, the rebound strength is weak, and the RSI on both D and 4H shows buyers haven’t really returned yet.
Quick plan summary for today:
Preferred entry: 1.1000 – 1.1120
Stop loss: above 1.1250
Target 1: 1.0600 – 1.0700
Target 2: around 1.0200
Why am I leaning toward the bearish scenario?
D timeframe: price is still below the EMA 20, EMA 50, and EMA 200.
4H timeframe: a large red candle has broken a short-term support.
1H timeframe: the bearish structure is still intact, and the RSI is in a weak zone.
The point I’m waiting for isn’t to chase the falling candle, but to wait for price to retrace into a confluence resistance area, then observe the reaction. If a clear rejection candle appears in this zone, that would be a better setup worth considering.
XRP may feel “cheap” right now, but with the current structure, I still want to prioritize discipline over emotions. No FOMO, no all-in, and always keep position sizing moderate.
Do you think XRP will continue toward 1.02, or bounce back to 1.15? Comment A or B so I can see which side has more people.