XRP is battling a descending channel, testing the 0.4850 resistance after a sharp pullback. Momentum is fading as sellers dominate the last 4‑hour candles.
🔴 $XRP SHORT 📉
Entry → $1.3928-$1.3956
Stop → $1.4360 (-3.0%)
TP1 → $1.3733 (+1.5%)
TP2 → $1.3245 (+5.0%)
R/R 1:1.7 • Confidence 64%
The market structure broke lower highs (CHoCH) and the CVD turned negative, confirming the down move. A fair value gap lines up with a bullish order block, creating a POI where the OB overlaps the FVG, making a clean short entry.
A 3.0% stop is relatively tight; with that margin use no more than 5x leverage to keep risk under 1% of equity.
Take partial profit at the first target around 1.7 R.
Not financial advice — always manage your own risk 🙏
$XRP #XRPUSDT #fedminutesfocusonoctoberpause #TradingSignals #Write2Earn
🔴 $XRP SHORT 📉
Entry → $1.3928-$1.3956
Stop → $1.4360 (-3.0%)
TP1 → $1.3733 (+1.5%)
TP2 → $1.3245 (+5.0%)
R/R 1:1.7 • Confidence 64%
The market structure broke lower highs (CHoCH) and the CVD turned negative, confirming the down move. A fair value gap lines up with a bullish order block, creating a POI where the OB overlaps the FVG, making a clean short entry.
A 3.0% stop is relatively tight; with that margin use no more than 5x leverage to keep risk under 1% of equity.
Take partial profit at the first target around 1.7 R.
Not financial advice — always manage your own risk 🙏
$XRP #XRPUSDT #fedminutesfocusonoctoberpause #TradingSignals #Write2Earn