š„Confirmed sell deal and continuation of the bearish wave in the medium term $XRP šš“
āš Market analysis and current data:
āCurrent price and trading movement: The XRP/USDT pair is trading at 1.3778$, recording a sharp decline over the past 24 hours of 3.08%.
āTrading range and liquidity volumes: The daily movement range has been between a low of 1.3177$ and a high of 1.4288$, with massive liquidity exceeding 1.03 billion XRP coins (equivalent to roughly 1.42 billion dollars).
āTechnical trend: Technical indicators and moving averages (such as the EMA) show a clearly negative reversal, with continued selling pressure and the bearish trend dominating in the medium term.
āšÆ Confirmed Medium-Term Short Sell Trade Plan:
āTrade type: Sell (Sell / Short)
āProposed entry zone: Between 1.3750$ and 1.3950$ (taking advantage of any mild corrective bounce upward to enter at favorable prices).
āTake-profit targets:
āFirst target: 1.3200$
āSecond target: 1.2500$
āStop loss: A daily close above 1.4300$ to fully protect capital from any sudden rebound.
āš” Risk management: Digital markets require strict adherence to stop-loss levels and precise capital sizing to ensure safe trading.
#xrp #Xrpš„š„ #XRPRealityCheck
$XRP
āš Market analysis and current data:
āCurrent price and trading movement: The XRP/USDT pair is trading at 1.3778$, recording a sharp decline over the past 24 hours of 3.08%.
āTrading range and liquidity volumes: The daily movement range has been between a low of 1.3177$ and a high of 1.4288$, with massive liquidity exceeding 1.03 billion XRP coins (equivalent to roughly 1.42 billion dollars).
āTechnical trend: Technical indicators and moving averages (such as the EMA) show a clearly negative reversal, with continued selling pressure and the bearish trend dominating in the medium term.
āšÆ Confirmed Medium-Term Short Sell Trade Plan:
āTrade type: Sell (Sell / Short)
āProposed entry zone: Between 1.3750$ and 1.3950$ (taking advantage of any mild corrective bounce upward to enter at favorable prices).
āTake-profit targets:
āFirst target: 1.3200$
āSecond target: 1.2500$
āStop loss: A daily close above 1.4300$ to fully protect capital from any sudden rebound.
āš” Risk management: Digital markets require strict adherence to stop-loss levels and precise capital sizing to ensure safe trading.
#xrp #Xrpš„š„ #XRPRealityCheck
$XRP