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What are XRP bulls waiting for?
$XRP /USDT - SHORT
Trade Plan:
Entry: 1.0885 – 1.0927
SL: 1.1109
TP1: 1.0754
TP2: 1.0652
TP3: 1.0500
Why focus on this structure?
- The 4-hour level confirms a SHORT signal with 95% confidence, and the 1D trend is clearly bearish.
- 15m RSI is at 58.08, not overbought but approaching resistance, with obvious EMA suppression.
- Current price 1.0906, entry range 1.0885-1.0927, TP1 at 1.0754, TP3 down to 1.0500.
- Why now? 1h ATR is only 0.008463, and volatility often explodes after contraction — shorts are building momentum.
Discussion:
Will this first hit TP2 at 1.0652, or will there a fakeout and rebound?