The BTC strategy shared earlier has now successfully reached its profit targets this time around. This isn’t calm—it’s the silence before the explosion. $XRP The daily chart is below EMA50 and EMA200, with the moving averages in bearish alignment. The four-hour structure also shows no signs of strengthening, so there’s little debate that the broader trend is down. The previous consolidation zone is where I’m watching for a rebound. Volume hasn’t picked up, which suggests buyers can’t hold their ground.
What I’m more interested in is that it’s still relatively strong against BTC. This kind of catch-up drop often comes quietly. Until the structure repairs, I’d rather trade with the trend and look for a pullback than try to call a bottom.
🔴 Trade direction: Short
📍 Entry range: 1.0215 – 1.0239
🛑 Stop loss: 1.0495
🎯 Take profit 1: 1.0026
🎯 Take profit 2: 0.9891
🎯 Take profit 3: 0.9690
Take in the vastness of mountains and seas; observe the market’s finer details.
Join Uncle Xiong on the journey, and witness the gains and losses of the world.
#XRP
Click below to trade 👇
What I’m more interested in is that it’s still relatively strong against BTC. This kind of catch-up drop often comes quietly. Until the structure repairs, I’d rather trade with the trend and look for a pullback than try to call a bottom.
🔴 Trade direction: Short
📍 Entry range: 1.0215 – 1.0239
🛑 Stop loss: 1.0495
🎯 Take profit 1: 1.0026
🎯 Take profit 2: 0.9891
🎯 Take profit 3: 0.9690
Take in the vastness of mountains and seas; observe the market’s finer details.
Join Uncle Xiong on the journey, and witness the gains and losses of the world.
#XRP
Click below to trade 👇