The $XRP chart is screaming for a short, and I'm not buying the hype that it's about to moon.
$XRP - SHORT
Entry: 1.1145
SL: 1.1443
TP1: 1.0996
TP2: 1.0847
TP3: 1.0698
This setup is all about liquidity sweep and support-resistance reaction, with the RSI indicating a potential downturn. My higher-timeframe bias is 80% bearish, and the current price action is aligning with that. The EMA20 and EMA50 are also hinting at a downward trend, which supports my short position.
Can anyone really argue that $XRP is due for a breakout when the technicals are this bearish?
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$XRP - SHORT
Entry: 1.1145
SL: 1.1443
TP1: 1.0996
TP2: 1.0847
TP3: 1.0698
This setup is all about liquidity sweep and support-resistance reaction, with the RSI indicating a potential downturn. My higher-timeframe bias is 80% bearish, and the current price action is aligning with that. The EMA20 and EMA50 are also hinting at a downward trend, which supports my short position.
Can anyone really argue that $XRP is due for a breakout when the technicals are this bearish?
Click here to Trade 👇