$XRP : $1.20 Is the Level I Am Watching
XRP is approaching a critical technical area after the latest market-wide sell-off.
Recent market reporting placed XRP around $1.20–$1.26, with the $1.20 area acting as an important short-term support zone.
Bias: SHORT
Entry: $1.195–$1.205, but only after a confirmed break below $1.20 and a failed retest.
TP1: $1.18
TP2: $1.16
TP3: $1.14
Stop-loss: $1.22
The logic:
If support breaks and sellers continue to control the rebound, XRP could move toward lower price levels.
However, a quick reclaim of $1.20 could trap late short sellers and trigger a recovery.
I am not shorting the support blindly. I want to see the market lose it first.
#Xrp🔥🔥 #RippleRumblings #CryptoAnalysis #TradingSignals
XRP is approaching a critical technical area after the latest market-wide sell-off.
Recent market reporting placed XRP around $1.20–$1.26, with the $1.20 area acting as an important short-term support zone.
Bias: SHORT
Entry: $1.195–$1.205, but only after a confirmed break below $1.20 and a failed retest.
TP1: $1.18
TP2: $1.16
TP3: $1.14
Stop-loss: $1.22
The logic:
If support breaks and sellers continue to control the rebound, XRP could move toward lower price levels.
However, a quick reclaim of $1.20 could trap late short sellers and trigger a recovery.
I am not shorting the support blindly. I want to see the market lose it first.
#Xrp🔥🔥 #RippleRumblings #CryptoAnalysis #TradingSignals