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Is this the final frenzy for XRP bulls? Bearish signals on the 4-hour timeframe are already 95% confirmed
$XRP /USDT - Short SHORT
Trading Plan:
Entry: 1.0987 – 1.1009
SL: 1.1105
TP1: 1.0918
TP2: 1.0865
TP3: 1.0785
Why watch this setup?
- The 1D trend is clearly bearish; the 4H EMA bearish alignment is suppressing rebounds
- Current price is 1.0998; RSI on the 15m is only 52.48, with weak momentum
- Bearish targets: TP1 = 1.0918, TP2 = 1.0865, stop loss = 1.1105
- Why now? Price retraces to the EMA resistance zone, and RSI isn’t overbought—best entry window
Discussion:
Will this bearish move hit TP2 first, or will it be stopped out by the 1.1105 stop loss?