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I’m watching $XRP for a short here.
XRP got rejected hard after the move toward $1.49, and the 1H chart has been printing lower highs since then. Price is trying to bounce around $1.40, but I’d rather sell a weak retest than chase it lower.
Entry: $1.402–$1.412
Targets:
TP1: $1.392
TP2: $1.383
TP3: $1.365
Stop: $1.422
For me, $1.412–$1.422 is the key area. As long as XRP stays below it, I’m looking for another leg lower. A clean reclaim above $1.422 would invalidate the short idea.
#GateTopsGlobalGrowth ##FedAnnounceRateDecisionSoon