$XRP
⚡⚡$XRP drops to $1.27... Is the correction over, or is this the start of a crash?⚡⚡
XRP/USDT - Sharp drop after strong rejection
Technical analysis:
$XRP was rejected at the $1.33 resistance and failed to hold above it, dropping to $1.2806, down 2.93%, on a volume of 68.99M XRP. On the 4-hour timeframe, there was a clear peak at $1.2817, followed by consecutive support breaks with weak volume of 69K, confirming continued selling pressure.
Trading plan:
1_Buy (speculative): $1.2734–$1.28,
Stop-loss: $1.26, targets: $1.33, then $1.38
2_Safer buy: Wait for a 4-hour close above $1.3303 to confirm a recovery
3_Sell: A break below $1.2734 opens the way to $1.20
#Xrp🔥🔥
#AMANDABELLA
#OCCRemovesStablecoinSevenDayRedemptionExtension
#IRSPlansLowerTaxDisclosurePenaltiesForCryptoCases
#DowDrops653Points
⚡⚡$XRP drops to $1.27... Is the correction over, or is this the start of a crash?⚡⚡
XRP/USDT - Sharp drop after strong rejection
Technical analysis:
$XRP was rejected at the $1.33 resistance and failed to hold above it, dropping to $1.2806, down 2.93%, on a volume of 68.99M XRP. On the 4-hour timeframe, there was a clear peak at $1.2817, followed by consecutive support breaks with weak volume of 69K, confirming continued selling pressure.
Trading plan:
1_Buy (speculative): $1.2734–$1.28,
Stop-loss: $1.26, targets: $1.33, then $1.38
2_Safer buy: Wait for a 4-hour close above $1.3303 to confirm a recovery
3_Sell: A break below $1.2734 opens the way to $1.20
#Xrp🔥🔥
#AMANDABELLA
#OCCRemovesStablecoinSevenDayRedemptionExtension
#IRSPlansLowerTaxDisclosurePenaltiesForCryptoCases
#DowDrops653Points