$XRP Non Stop Dump OMG… Bears Are Not Letting Up ... where are you #xrp lovers ???
I am using this trade plan ... Short Opened just now
Entry: $1.42 – $1.47
Stop Loss: $1.525
Target 1: $1.38
Target 2: $1.25
Target 3: $1.12
$XRP is getting rejected hard after the sharp pump… every bounce is being sold, and price is now forming lower highs on the 1H chart.
The $1.52 area is the key resistance above… as long as XRP stays below it, sellers still have the advantage and another leg down remains possible.
If $1.40 breaks with momentum, I expect the dump to accelerate toward the lower supports… only a strong reclaim above $1.52 would invalidate this setup.
#GoldReboundsNearly5%
I am using this trade plan ... Short Opened just now
Entry: $1.42 – $1.47
Stop Loss: $1.525
Target 1: $1.38
Target 2: $1.25
Target 3: $1.12
$XRP is getting rejected hard after the sharp pump… every bounce is being sold, and price is now forming lower highs on the 1H chart.
The $1.52 area is the key resistance above… as long as XRP stays below it, sellers still have the advantage and another leg down remains possible.
If $1.40 breaks with momentum, I expect the dump to accelerate toward the lower supports… only a strong reclaim above $1.52 would invalidate this setup.
#GoldReboundsNearly5%