The final act and the reversal are moving in sync. The chart structure for $XRP is starting to show a signal, so we need to stay calm and read it clearly. The daily price is still below the moving averages, and the broader trend remains bearish. The current rebound looks more like a chance for bears to catch their breath than a reversal. Take a look: buyers haven't pushed very hard this time, and volume isn't keeping up, so the rebound could easily lose steam as it reaches the resistance zone.
I’d lean toward selling into a weak rebound rather than chasing the rally. Of course, the rebound isn’t completely over yet, so keep your position size small and follow the structure as long as key levels hold. How long do you think this rebound can last?
🔴 Trade direction: Short
📍 Entry range: 1.1644 – 1.1658
🛑 Stop loss: 1.1805
🎯 Take profit 1: 1.1535
🎯 Take profit 2: 1.1458
🎯 Take profit 3: 1.1342
There’s no need to chase the wind—the wind will settle on its own.
Stand alongside Sister Li, and let every moment leave an echo.
#XRP
Click below to trade 👇
I’d lean toward selling into a weak rebound rather than chasing the rally. Of course, the rebound isn’t completely over yet, so keep your position size small and follow the structure as long as key levels hold. How long do you think this rebound can last?
🔴 Trade direction: Short
📍 Entry range: 1.1644 – 1.1658
🛑 Stop loss: 1.1805
🎯 Take profit 1: 1.1535
🎯 Take profit 2: 1.1458
🎯 Take profit 3: 1.1342
There’s no need to chase the wind—the wind will settle on its own.
Stand alongside Sister Li, and let every moment leave an echo.
#XRP
Click below to trade 👇