Is this XRP pullback a chance to get in, or a trap? $XRP /USDT - Go LONG Trading plan: Entry: 1.0689 – 1.0723 SL: 1.0491 TP1: 1.0867 TP2: 1.0975 TP3: 1.1136 Why focus on this structure? - 4-hour LONG signal, confidence 84%, current price 1.0706 is close to the entry zone. - 15-minute RSI is only 31.98, in the oversold area, building momentum for a short-term rebound. - The daily trend is still bearish, but 1-hour ATR is only 0.0069; volatility is tightening, and a breakout is imminent. - Why now? The dip-buying window is narrowing, and TP1 1.0867 is right around the corner. Discussion:

Log the drop process for this $XRP. The price had been grinding around the key level area for a while; it still looked fairly calm on the surface, but my attention had already shifted to whether the support was weakening. Once the next leg of the move came out, the direction became obvious. The entry price for this short was 1.1661. The price later pulled back to 1.072. The feedback from the entry price to the current price is quite clear—the current return is +749.34%. There were also twists and turns in the middle, but overall the pace was still on the weak side, especially because the rebounds didn’t last. My take is that in this kind of market, you can’t just look at a single line—you have to see how the market responds after each counter-rally. This time, closing the short to realize the profit is a confirmation of my earlier judgment, but I won’t get complacent because of one outcome. Missing volatility isn’t the real problem. What truly matters is keeping your own trading rhythm and not letting emotions lead you. $BTC $ETH

Technical Outlook: XRP Tests Key Support While the Broader Downtrend Remains Intact XRP continues to trade inside a well-defined descending channel, with price struggling to regain bullish momentum after multiple rejections from lower highs. The asset is hovering just above the $1.05–1.07 support zone, but remains below all major moving averages, indicating that sellers still control the higher-timeframe trend. RSI is also below the neutral level, reflecting weak buying pressure. 📈 EMA Structure (Bearish Trend Still Dominant) 20 EMA: $1.1053 50 EMA: $1.1616 100 EMA: $1.2611 200 EMA: $1.4690 XRP is trading below the 20, 50, 100, and 200 EMA, confirming a bearish market structure. The 20 EMA ($1.1053) is now the first resistance level that bulls must reclaim. The 50 EMA ($1.1616) remains the next major hurdle before any meaningful trend recovery. The 200 EMA ($1.4690) continues to define the long-term bearish trend. 👉 Momentum remains bearish until XRP can reclaim and hold above the 20 EMA and 50 EMA. 📐 Fibonacci & Market Structure XRP remains below the 0.236 Fibonacci level at $1.5656, confirming that the higher-timeframe downtrend remains intact. Price is consolidating just above the $1.05 demand zone after sweeping recent liquidity. The descending channel continues to guide price action, with resistance forming near the upper boundary. Bullish Targets: $1.1053 (20 EMA) $1.1257 $1.1616 (50 EMA) $1.2422 (100 EMA) Bearish Scenario: Losing $1.05 would invalidate the current support and increase the probability of a move toward the recent swing low near $1.00. A decisive breakdown below $1.00 could trigger another wave of bearish momentum. 🧠 ICT / Smart Money View XRP has already swept sell-side liquidity around the recent lows and is attempting to stabilize. Price remains inside a local consolidation range beneath nearby Order Block (OB) resistance. Until a confirmed Market Structure Shift (MSS) and breakout from the descending channel occur, rallies may continue to face selling pressure. A sustained close above $1.1257 would be the first sign that buyers are regaining control. 📉 RSI Momentum RSI (14): 40.66 RSI remains below 50, indicating bearish momentum is still dominant. A recovery above 50 would strengthen the bullish recovery case. Failure to reclaim 50 would keep downside risks elevated. 📊 Key Levels 🔴 Resistance $1.1053 (20 EMA) $1.1257 $1.1616 (50 EMA) $1.2422 (100 EMA) 🟢 Support $1.0734 $1.05 (Major demand zone) $1.0051 (Recent swing low) 📌 Final Outlook XRP remains under pressure as it continues to trade below all major EMAs and inside a descending channel. While the recent support zone is preventing further downside for now, buyers still need a confirmed breakout above the 20 EMA and channel resistance before a meaningful trend reversal can be considered. ✅ Holding above $1.05 keeps the short-term recovery attempt alive. ✅ A breakout and daily close above $1.1257 could open the door toward $1.16 and $1.24. ❌ Losing $1.05 would likely expose the recent low near $1.00 and reinforce the broader bearish trend. Overall Bias: Neutral to Bearish. XRP is attempting to stabilize near a key demand zone, but the higher-timeframe trend remains bearish until price breaks out of the descending channel and reclaims the 20 EMA, 50 EMA, and nearby resistance cluster. $XRP ‌