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LedgerBull

$XRP showing rejection from local highs with momentum shifting bearish.


Sellers gaining control as structure starts breaking down on lower timeframes.

EP
1.395 - 1.410

TP
TP1 1.370
TP2 1.340
TP3 1.300

SL
1.440

Liquidity above 1.43 was swept before a sharp reversal, indicating distribution. Weak follow-through on upside and strong bearish candles suggest continuation lower unless price reclaims the broken resistance.

Let’s go $XRP ‌
XRP4.71%
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SeaSaltAirdropNotes
· 2h ago
I am more concerned about the trading volume around 1.40; if there's no volume, don't try to push it hard.
View OriginalReply0
L2ArbitrageYoungster
· 5h ago
This strong bearish move combined with weak continuation indeed doesn't seem like it's going to keep pushing higher.
View OriginalReply0
GasFeesWithAPomeloFlavor
· 5h ago
If the price breaks back above the support level with increased volume, I will consider a reversal; otherwise, I will just follow the trend.
View OriginalReply0
Semi-MeltedIceCream
· 5h ago
This fake breakout swept through liquidity too aggressively.
View OriginalReply0
GateUser-b6d80ba0
· 5h ago
1.43 After sweeping above, then smashing, a typical allocation plate flavor.
View OriginalReply0
GateUser-047cb6fc
· 5h ago
1.34 That level might see a rebound wave, be careful not to be greedy.
View OriginalReply0
SeaSaltFlavorAirdrop
· 5h ago
SL 放 1.44 感觉有点紧，万一来个插针又被洗出去。
Reply0
GateUser-6d80555a
· 5h ago
Entrance zone 1.395-1.41 is okay, but I will wait for a rebound confirmation before entering the market. Recently, XRP's volatility is too easy to get caught off guard.
View OriginalReply0
RetroRadioIridescence
· 5h ago
The structure really breaks down on the small cycle, and the bearish relay is very smooth.
View OriginalReply0
EraPuzzleMaster
· 5h ago
Dividing TP into three tiers is quite reasonable; taking 1.37 first to secure a portion is stable.
View OriginalReply0
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