XRP is ripe for a short on the daily range.
🔴 SHORT $XRP /USDT: expecting price to go DOWN
Bias: SHORT · Strong
Entry: 1.3972 – 1.4004
TP1: 1.3759 (-1.6%)
TP2: 1.3606 (-2.7%)
TP3: 1.3377 (-4.4%)
SL: 1.4294 (+2.2%)
Plan: enter only inside the zone, take half at TP1, then move the stop to entry.
Why SHORT? Strong call, 7/12 signals agree, 1 against, 4 undecided.
• 1h trend: price < EMA50 < EMA200, bearish stack → the short-term trend is down
• Trend strength (ADX/DI, 15m): ADX 27.7 with sellers in control (DI+ 12.4 vs DI− 30.6) → sellers are driving the move
• BTC backdrop: BTC trend is bearish and correlation is 0.83 → BTC is falling and this coin tends to follow
Risk: Distance from 1h EMA50: −3.6 ATR from the 1h EMA50, overextended with bounce risk → price fell far below its average, a bounce is likely
The reasoning:
The 1h price sits below a bearish moving average stack, and the 4h RSI shows sellers have the momentum at 26.3. The 1h RSI at 34.0 confirms short-term sellers are still in control. The setup has a strong score of 7 out of 12 aligned signals.
What is your invalidation level if the daily range breaks higher instead?
Chart with every level below.
📲 Want more of my latest signals? Join me here:
https://app.binance.com/uni-qr/D26WbL9t
⚠️ Personal market analysis only. NFA — manage risk and DYOR.
Educational content, not investment advice or a recommendation to buy, sell, deposit, or withdraw any asset. No paid promotion or referral/affiliate links.
🔴 SHORT $XRP /USDT: expecting price to go DOWN
Bias: SHORT · Strong
Entry: 1.3972 – 1.4004
TP1: 1.3759 (-1.6%)
TP2: 1.3606 (-2.7%)
TP3: 1.3377 (-4.4%)
SL: 1.4294 (+2.2%)
Plan: enter only inside the zone, take half at TP1, then move the stop to entry.
Why SHORT? Strong call, 7/12 signals agree, 1 against, 4 undecided.
• 1h trend: price < EMA50 < EMA200, bearish stack → the short-term trend is down
• Trend strength (ADX/DI, 15m): ADX 27.7 with sellers in control (DI+ 12.4 vs DI− 30.6) → sellers are driving the move
• BTC backdrop: BTC trend is bearish and correlation is 0.83 → BTC is falling and this coin tends to follow
Risk: Distance from 1h EMA50: −3.6 ATR from the 1h EMA50, overextended with bounce risk → price fell far below its average, a bounce is likely
The reasoning:
The 1h price sits below a bearish moving average stack, and the 4h RSI shows sellers have the momentum at 26.3. The 1h RSI at 34.0 confirms short-term sellers are still in control. The setup has a strong score of 7 out of 12 aligned signals.
What is your invalidation level if the daily range breaks higher instead?
Chart with every level below.
📲 Want more of my latest signals? Join me here:
https://app.binance.com/uni-qr/D26WbL9t
⚠️ Personal market analysis only. NFA — manage risk and DYOR.
Educational content, not investment advice or a recommendation to buy, sell, deposit, or withdraw any asset. No paid promotion or referral/affiliate links.