$XRP - price approached the area where pressure from sellers may intensify.
Short on $XRP
Entry zone: 1.35-1.38
Stop-loss: 1.45
First target: 1.28
Second target: 1.20
Third target: 1.10
After the recent upward move, the price has reached a zone where sellers could start defending their positions more actively. If buyers fail to break through the resistance and consolidate above the entry range, the likelihood of a reversal and subsequent decline will increase.
Short on $XRP
Entry zone: 1.35-1.38
Stop-loss: 1.45
First target: 1.28
Second target: 1.20
Third target: 1.10
After the recent upward move, the price has reached a zone where sellers could start defending their positions more actively. If buyers fail to break through the resistance and consolidate above the entry range, the likelihood of a reversal and subsequent decline will increase.