🔴 $XRP /USDT · Bias: SHORT
XRP is below EMA50 and EMA200 on the daily, 4h and 1h charts, so the trend is bearish.
Entry: 1.1852 – 1.1884
TP1: 1.1631 (-2.0%)
TP2: 1.1474 (-3.3%)
TP3: 1.1237 (-5.3%)
SL: 1.2184 (+2.7%)
Why: The daily trend shows price below EMA50 and EMA200 with a bearish stack, meaning the big-picture trend is clearly down.
Risk: Price is washed out, bounces are common from here (1h RSI 22.2, oversold)
Plan: close 50% at TP1, 25% at TP2, 25% at TP3, and move the stop to entry after TP1.
Do you think this short will hold?
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⚠️ Personal market analysis only. NFA — 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.
XRP is below EMA50 and EMA200 on the daily, 4h and 1h charts, so the trend is bearish.
Entry: 1.1852 – 1.1884
TP1: 1.1631 (-2.0%)
TP2: 1.1474 (-3.3%)
TP3: 1.1237 (-5.3%)
SL: 1.2184 (+2.7%)
Why: The daily trend shows price below EMA50 and EMA200 with a bearish stack, meaning the big-picture trend is clearly down.
Risk: Price is washed out, bounces are common from here (1h RSI 22.2, oversold)
Plan: close 50% at TP1, 25% at TP2, 25% at TP3, and move the stop to entry after TP1.
Do you think this short will hold?
📲 Want more of my latest signals? Join me here:
https://app.binance.com/uni-qr/D26WbL9t
⚠️ Personal market analysis only. NFA — 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.
