When accumulation and divergence appear at the same time, I usually take an extra look at the chart for $XRP . On the four-hour chart, the price has been grinding along the resistance zone for a while, but every push higher gets knocked back. The candlesticks are closing weaker and weaker, and the RSI is also trending down, which suggests buying pressure is fading. You might be wondering: could it suddenly surge upward? I think the key is trading volume. Right now, we're seeing rebounds on declining volume and pullbacks on rising volume—a pattern that's unfavorable for the bulls.
Until the overhead resistance has been cleared, I'd rather side with the bears and look toward lower targets. Trading isn't about betting on sentiment; it's about seeing whether the chart structure offers an opportunity. The case for a pullback is still intact, so I lean toward following the trend.
🔴 Trade direction: Short
📍 Entry range: 1.4000 – 1.4098
🛑 Stop loss: 1.4820
🎯 Take profit 1: 1.3592
🎯 Take profit 2: 1.2892
🎯 Take profit 3: 1.2552
🎯 Take profit 4: 1.1752
There's no need to chase the winds of change; they will settle in their own time.
Stand alongside Sister Li, and let every moment leave an echo.
#XRP
Click below to trade 👇
Until the overhead resistance has been cleared, I'd rather side with the bears and look toward lower targets. Trading isn't about betting on sentiment; it's about seeing whether the chart structure offers an opportunity. The case for a pullback is still intact, so I lean toward following the trend.
🔴 Trade direction: Short
📍 Entry range: 1.4000 – 1.4098
🛑 Stop loss: 1.4820
🎯 Take profit 1: 1.3592
🎯 Take profit 2: 1.2892
🎯 Take profit 3: 1.2552
🎯 Take profit 4: 1.1752
There's no need to chase the winds of change; they will settle in their own time.
Stand alongside Sister Li, and let every moment leave an echo.
#XRP
Click below to trade 👇