🚨 Recent Market Crash Caused More Damage then you guys think. 🚨
$XRP lost its bullish structure after failing to hold above the 1.90 supply zone. The sharp impulsive sell-off followed by weak corrective bounces shows distribution, not accumulation. Sellers remain active, and price is respecting a clear descending channel on intraday timeframes.
$XRP Setup (Short):
• Entry: 1.77 – 1.80
• TP1: 1.72
• TP2: 1.68
• TP3: 1.62
• SL: 1.85
Reasoning:
Market structure has flipped bearish with consistent lower highs and lower lows on the 1H–4H. The breakdown from 1.85 created strong imbalance, and price is now consolidating below prior support turned resistance. Volume expanded on the sell-off and faded on pullbacks, confirming seller dominance. As long as XRP stays below 1.85, rallies are likely to be sold. Liquidity rests below 1.70, making continuation toward lower targets highly probable.
Short
$XRP from here 👇
#highvoility #MarketCorrection #XRPRealityCheck #GoldOnTheRise #TokenizedSilverSurge