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Everyone is bullish on XRP again—that’s exactly why I’m watching XRP for a breakdown.
$XRP /USDT - SHORT
Trade Plan:
Entry: 1.1384 – 1.1464
SL: 1.1812
TP1: 1.1133
TP2: 1.0940
TP3: 1.0649
Why this setup?
Why now? The 4H bias is SHORT at 95% confidence. Daily trend is bearish, and 15m RSI sits at 46.58—neutral but leaning weak. Price is hugging the 1.1424 entry zone with ATR showing tight 1.6% daily range. This setup targets 1.1133 (TP1) before 1.0940 (TP2). The alt scenario only triggers if we break 1.2027, but with current momentum, that’s unlikely.
Debate:
Are you shorting XRP here or waiting for a retest of 1.18?