$XRP: High Volume Selling Sweep Breaks $XRP Market Structure
SHORT SETUP XRP
Entry: $1.4600 - $1.4700
Stop Loss: $1.5240
Take Profit: $1.3470 (2R)
Key Levels: Support $1.4345 | Resistance $1.5095
Technical Analysis for $XRP: RSI sits at 26, confirming oversold pressure, while MACD and its histogram are below zero, signaling continued downside. The price is trading below its 9, 21, and 50EMA, and the Bollinger lower band is 1.4689, just above the current level. A short entry near 1.465 is supported by the 1H resistance at 1.5095; a stop loss above 1.524 keeps a
Market Context: BTC is in a mixed 4H trend and bullish 1D, but the broader market is largely negative with a 81.7% red participation.
SHORT $XRP
SHORT SETUP XRP
Entry: $1.4600 - $1.4700
Stop Loss: $1.5240
Take Profit: $1.3470 (2R)
Key Levels: Support $1.4345 | Resistance $1.5095
Technical Analysis for $XRP: RSI sits at 26, confirming oversold pressure, while MACD and its histogram are below zero, signaling continued downside. The price is trading below its 9, 21, and 50EMA, and the Bollinger lower band is 1.4689, just above the current level. A short entry near 1.465 is supported by the 1H resistance at 1.5095; a stop loss above 1.524 keeps a
Market Context: BTC is in a mixed 4H trend and bullish 1D, but the broader market is largely negative with a 81.7% red participation.
SHORT $XRP
