š» THE $1.00 PSYCHOLOGICAL BATTLEGROUND IS CRACKING ā HERE'S THE PLAN šØ
Entry: $0.94 ā”
Target: $0.87 šÆ
š XRP has been grinding through lower highs for weeks, and the momentum is decidedly one-sided. The RSI sits at 37.93 ā weak, but not yet washed out. That tells me the pain isn't finished. The $0.94 zone is a genuine Fibonacci confluence, with both the 0.618 retracement and 1.618 extension landing within a hair of each other. That's a trader's level, not a gambler's guess.
š” But here's the tension: one respected analyst sees the final low at $0.87, while another projects a deeper flush toward $0.68ā0.72. When two expert counts disagree by nearly 20%, the honest read is that downside risk remains open. The $1.00 level is the line in the sand ā break it, and $0.94 is the next magnet. š
š¬ Are you waiting for the $0.94 bid, or does the darker $0.68-0.72 projection change your risk appetite? š
ā ļø Not financial advice. Always manage your risk. š”ļø
š·ļø #XRP #BearishSetup #Crypto #ElliotWave #Trading
š» š”ļø
Entry: $0.94 ā”
Target: $0.87 šÆ
š XRP has been grinding through lower highs for weeks, and the momentum is decidedly one-sided. The RSI sits at 37.93 ā weak, but not yet washed out. That tells me the pain isn't finished. The $0.94 zone is a genuine Fibonacci confluence, with both the 0.618 retracement and 1.618 extension landing within a hair of each other. That's a trader's level, not a gambler's guess.
š” But here's the tension: one respected analyst sees the final low at $0.87, while another projects a deeper flush toward $0.68ā0.72. When two expert counts disagree by nearly 20%, the honest read is that downside risk remains open. The $1.00 level is the line in the sand ā break it, and $0.94 is the next magnet. š
š¬ Are you waiting for the $0.94 bid, or does the darker $0.68-0.72 projection change your risk appetite? š
ā ļø Not financial advice. Always manage your risk. š”ļø
š·ļø #XRP #BearishSetup #Crypto #ElliotWave #Trading
š» š”ļø