Guys, listen up… the selling pressure on $XRP is still dominating the chart. Price continues to reject any meaningful rebound after that major drop. The small bounce you’re seeing is nothing more than a weak pullback within a clear bearish trend. Until price decisively breaks above the minor resistance, the structure still supports further downside.
The chart shows bulls consistently failing to gain control, while bears step in every time price attempts to push upward.
For short-term traders, this setup is offering a straightforward short opportunity as long as price remains below the intraday rejection zone. Anyone waiting for a long position should stay patient — a valid long only becomes possible after a solid reclaim above resistance, and that hasn’t happened yet.
Trade Setup (Short):
• Entry: 2.045 – 2.050
• TP 1: 2.025
• TP 2: 2.015
• SL: 2.066
