XRP is ripe for a short on the daily range.
đŽ SHORT $XRP /USDT: expecting price to go DOWN
Bias: SHORT · Strong
Entry: 1.3972 â 1.4004
TP1: 1.3759 (-1.6%)
TP2: 1.3606 (-2.7%)
TP3: 1.3377 (-4.4%)
SL: 1.4294 (+2.2%)
Plan: enter only inside the zone, take half at TP1, then move the stop to entry.
Why SHORT? Strong call, 7/12 signals agree, 1 against, 4 undecided.
âą 1h trend: price < EMA50 < EMA200, bearish stack â the short-term trend is down
âą Trend strength (ADX/DI, 15m): ADX 27.7 with sellers in control (DI+ 12.4 vs DIâ 30.6) â sellers are driving the move
âą BTC backdrop: BTC trend is bearish and correlation is 0.83 â BTC is falling and this coin tends to follow
Risk: Distance from 1h EMA50: â3.6 ATR from the 1h EMA50, overextended with bounce risk â price fell far below its average, a bounce is likely
The reasoning:
The 1h price sits below a bearish moving average stack, and the 4h RSI shows sellers have the momentum at 26.3. The 1h RSI at 34.0 confirms short-term sellers are still in control. The setup has a strong score of 7 out of 12 aligned signals.
What is your invalidation level if the daily range breaks higher instead?
Chart with every level below.
đČ Want more of my latest signals? Join me here:
https://app.binance.com/uni-qr/D26WbL9t
â ïž Personal market analysis only. NFA â manage risk and DYOR.
Educational content, not investment advice or a recommendation to buy, sell, deposit, or withdraw any asset. No paid promotion or referral/affiliate links.
đŽ SHORT $XRP /USDT: expecting price to go DOWN
Bias: SHORT · Strong
Entry: 1.3972 â 1.4004
TP1: 1.3759 (-1.6%)
TP2: 1.3606 (-2.7%)
TP3: 1.3377 (-4.4%)
SL: 1.4294 (+2.2%)
Plan: enter only inside the zone, take half at TP1, then move the stop to entry.
Why SHORT? Strong call, 7/12 signals agree, 1 against, 4 undecided.
âą 1h trend: price < EMA50 < EMA200, bearish stack â the short-term trend is down
âą Trend strength (ADX/DI, 15m): ADX 27.7 with sellers in control (DI+ 12.4 vs DIâ 30.6) â sellers are driving the move
âą BTC backdrop: BTC trend is bearish and correlation is 0.83 â BTC is falling and this coin tends to follow
Risk: Distance from 1h EMA50: â3.6 ATR from the 1h EMA50, overextended with bounce risk â price fell far below its average, a bounce is likely
The reasoning:
The 1h price sits below a bearish moving average stack, and the 4h RSI shows sellers have the momentum at 26.3. The 1h RSI at 34.0 confirms short-term sellers are still in control. The setup has a strong score of 7 out of 12 aligned signals.
What is your invalidation level if the daily range breaks higher instead?
Chart with every level below.
đČ Want more of my latest signals? Join me here:
https://app.binance.com/uni-qr/D26WbL9t
â ïž Personal market analysis only. NFA â manage risk and DYOR.
Educational content, not investment advice or a recommendation to buy, sell, deposit, or withdraw any asset. No paid promotion or referral/affiliate links.