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Most traders think XRP is bottoming—here’s why the data says they’re wrong.
$XRP /USDT - SHORT
Trade Plan:
Entry: 1.0940 – 1.1058
SL: 1.1561
TP1: 1.0577
TP2: 1.0296
TP3: 0.9875
Why this setup?
• 95% confidence SHORT on 4H with a bearish daily trend.
• RSI 15m at 48.95 (neutral, no reversal signal yet).
• Entry zone 1.0940–1.1058, with TP1 at 1.0577—a 4% drop from current.
• Why now? Price is hugging resistance while momentum fails to break above 50 RSI. Low ATR suggests a squeeze is loading.
Debate:
Are you betting on a fakeout above 1.10 or a real breakdown to 1.03?