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Everyone is bullish on XRP — but the 95% short signal says you’re about to get wrecked.
$XRP /USDT - SHORT
Trade Plan:
Entry: 1.1492 – 1.1524
SL: 1.1660
TP1: 1.1394
TP2: 1.1318
TP3: 1.1204
Why this setup?
Why now? The 4h timeframe shows a bearish trend, RSI on 15m is neutral at 51.33, and price is hovering near the 1.1508 entry. With ATR tight at 0.0063, a breakdown below 1.1492 could trigger a fast slide to TP1 at 1.1394. The daily trend is already bearish — this is a high-conviction short setup with 95% confidence.
Debate:
Do you trust the daily trend enough to short here, or is this a trap before a pump to 1.1578?