$XRP

XRP

1.8631

-0.23%

/USDT BEARISH TECHNICAL ANALYSIS – SELLERS GAINING CONTROL

Hy everyone.$XRP is showing signs of weakness after failing to hold above recent highs. Price action indicates a potential lower-high formation on intraday charts, signaling a shift in momentum toward sellers. Rejection near the resistance zone increases the likelihood of a bearish retracement toward key support levels. A breakdown below immediate support could accelerate the downside move.

Market Expectation: Bearish continuation toward lower support levels.

Targets:

TP1: 1.858

TP2: 1.850

TP3: 1.835

Stop Loss:

SL: 1.920

Risk Management:

Risk only 1–2% of capital per trade, wait for confirmation near resistance, and consider securing partial profits at TP1.

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