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Everyone’s still bullish on XRP—but the 4H chart just printed a 95% confidence short signal.
$XRP /USDT - SHORT
Trade Plan:
Entry: 1.1407 – 1.1475
SL: 1.1769
TP1: 1.1195
TP2: 1.1031
TP3: 1.0785
Why this setup?
Why now? RSI on 15m is neutral at 50.94, but the daily trend is bearish and ATR (0.0137) suggests low volatility squeeze. Entry at 1.1441 with TP2 at 1.1031 means 3.6% downside before the next support. The alt scenario flips to long only above 1.1987—so unless that breaks, shorts are the high-probability play.
Debate:
Are you waiting for a fakeout above 1.1987 or jumping on the short here?