$XRP /USDT TECHNICAL ANALYSIS: BEARISH PRESSURE DOMINATES
The $XRP /USDT pair is showing signs of bearish momentum after failing to sustain above the recent 24h high. The price has faced resistance near 2.2347 and is testing support levels around 2.1727. Short-term moving averages are trending downward, indicating sellers are in control.
Trade Setup:
Short Entry: 2.2070–2.2100
Target 1 (TP1): 2.1720
Target 2 (TP2): 2.1440
Stop Loss (SL): 2.2360
Risk Management: Keep position size limited to 1–2% of total capital. Avoid over-leveraging and monitor support zones for potential reversal.
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XRPUSDT
Perp
2.185
-1.55%