When opportunity and composure come together, the chart for $XRP is already telling a clear story. Both the four-hour and one-hour charts are trading below the moving averages. Each time the price rebounds toward the averages, it gets pushed back down, showing that selling pressure overhead has yet to be absorbed. Looking at the short-term momentum indicators, sellers are still in control. The RSI is low, but there’s no divergence, so we shouldn’t rush to buy just because the price has fallen a lot.
In this setup, a rebound looks more like an opportunity for sellers to establish positions than a signal of a trend reversal. I’ll patiently wait for a rebound into the resistance zone before considering an entry. A break below the support level would open up more downside.
🔴 Trade direction: Short
📍 Entry range: 1.3744 – 1.3776
🛑 Stop loss: 1.4147
🎯 Take profit 1: 1.3469
🎯 Take profit 2: 1.3276
🎯 Take profit 3: 1.2985
There’s no need to chase the trend; the right opportunity will come to you.
Stand alongside Sister Li, and make every moment count.
#XRP
Tap below to trade 👇
In this setup, a rebound looks more like an opportunity for sellers to establish positions than a signal of a trend reversal. I’ll patiently wait for a rebound into the resistance zone before considering an entry. A break below the support level would open up more downside.
🔴 Trade direction: Short
📍 Entry range: 1.3744 – 1.3776
🛑 Stop loss: 1.4147
🎯 Take profit 1: 1.3469
🎯 Take profit 2: 1.3276
🎯 Take profit 3: 1.2985
There’s no need to chase the trend; the right opportunity will come to you.
Stand alongside Sister Li, and make every moment count.
#XRP
Tap below to trade 👇