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Everyone is bullish on XRP—except the 4H chart that just screamed SHORT at 95% confidence.
$XRP /USDT - SHORT
Trade Plan:
Entry: 1.1349 – 1.1419
SL: 1.1723
TP1: 1.1129
TP2: 1.0960
TP3: 1.0705
Why this setup?
• RSI on 15M hit 71.79 (overbought) while daily trend is still bearish.
• Entry at 1.1384 with tight ATR of 0.014—means a breakdown is imminent.
• TP1 at 1.1129 is just 2.2% away; TP2 at 1.0960 is the real target.
• Why now? Because momentum is fading into resistance, and the 1D structure hasn't flipped.
Debate:
If you were holding XRP right now, would you risk the 2.9% stop loss for a potential 3.7% drop to TP2?