$XRP: Rejection at Key Supply Zone: Short Setup Activated
SHORT SETUP XRP
Entry: $1.4080 - $1.4120
Stop Loss: $1.4650
Take Profit: $1.3000 (2R)
Key Levels: Support $1.4045 | Resistance $1.4350
Technical Analysis for $XRP: XRP remains below the critical 200 EMA at 1.435, signaling a dominant bearish bias. Price is currently testing the 1.4107 resistance zone. With the 4-hour trend mixed and broader market strength not enough to drive XRP higher, the structure favors a rejection Together, these indicators favor SHORT continuation toward support.
Market Context: Bitcoin is trading at $83,693 with a bullish daily trend, but XRP is underperforming relative to the broader market breadth. The orderbook
SHORT $XRP
SHORT SETUP XRP
Entry: $1.4080 - $1.4120
Stop Loss: $1.4650
Take Profit: $1.3000 (2R)
Key Levels: Support $1.4045 | Resistance $1.4350
Technical Analysis for $XRP: XRP remains below the critical 200 EMA at 1.435, signaling a dominant bearish bias. Price is currently testing the 1.4107 resistance zone. With the 4-hour trend mixed and broader market strength not enough to drive XRP higher, the structure favors a rejection Together, these indicators favor SHORT continuation toward support.
Market Context: Bitcoin is trading at $83,693 with a bullish daily trend, but XRP is underperforming relative to the broader market breadth. The orderbook
SHORT $XRP