$XRP under pressure from all sides. I continue to look lower. 📉
The hourly, daily, and weekly charts, along with BTC, are all pointing down. For now, sellers have the clear advantage.
My short zones:
🔻 1.0843–1.0852
🔻 1.1080–1.1130
I’m waiting for a liquidity sweep and sharp confirmation of a reversal.
Targets:
🎯 1.0700
🎯 1.0528
🎯 1.0418
🎯 1.0240
A sustained move above 1.1062 would put my bearish scenario at risk and invalidate it.
Buyers don’t have much to show for now. I prefer to follow the trend rather than try to catch a falling knife. $XRP under watch!
The hourly, daily, and weekly charts, along with BTC, are all pointing down. For now, sellers have the clear advantage.
My short zones:
🔻 1.0843–1.0852
🔻 1.1080–1.1130
I’m waiting for a liquidity sweep and sharp confirmation of a reversal.
Targets:
🎯 1.0700
🎯 1.0528
🎯 1.0418
🎯 1.0240
A sustained move above 1.1062 would put my bearish scenario at risk and invalidate it.
Buyers don’t have much to show for now. I prefer to follow the trend rather than try to catch a falling knife. $XRP under watch!