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XRP hovering around 1.0979—will the 95% short signal be about to trigger?
$XRP /USDT - SHORT
Trading plan:
Entry: 1.0968 – 1.0990
SL: 1.1088
TP1: 1.0897
TP2: 1.0843
TP3: 1.0761
Why watch this structure?
- The 4-hour chart is clearly bearish, with a bearish 1-day trend and obvious EMA suppression.
- Current price is 1.0979, close to the 1.0990 resistance zone; RSI on the 15-minute timeframe is only 59.14, not overbought, and rebounds look weak.
- Why now? The risk-reward ratio is excellent: TP1 1.0897, TP2 1.0843, with SL only 1.1088—downside is far greater than upside.
Discussion:
Will this short move first bounce to TP1, or directly break through TP2? Have you placed your order?