ShortXRP
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📉 XRP’s Sharp Decline
$XRP has dropped from $2.15 to $1.78, reflecting a 16.62% drop in just 24 hours.
This steep correction comes with increased trading volume, signaling strong selling pressure.
🚨 Technical Indicators Flash Bearish
Despite a 199% YOY gain, $XRP is showing bearish momentum in the short term.
Analysts point to a shift in both technical and sentiment indicators, indicating short-term weakness.
📊 The Long to Short Ratio on Bitfinex
Cole Garner highlighted a dramatic shift in XRP’s long to short ratio on Bitfinex:
Long positions surged from 9.5 to 16, signaling a bullish outlook.
But at the peak, the ratio dropped abruptly to 14, hinting at mass liquidations and a shift towards shorting.
The ratio continued to fall to 7.2329 — a 46.86% drop, confirming increased bearish pressure.
🔥 What This Means for Traders
Analysts are recommending to short XRP now as the trend suggests more downside ahead. The market shift is clear, and those who act on this advice may be in a profitable position.
#XRP #BearishSignals #CryptoMarket #ShortXRP #RiskRewardRatio
$XRP has dropped from $2.15 to $1.78, reflecting a 16.62% drop in just 24 hours.
This steep correction comes with increased trading volume, signaling strong selling pressure.
🚨 Technical Indicators Flash Bearish
Despite a 199% YOY gain, $XRP is showing bearish momentum in the short term.
Analysts point to a shift in both technical and sentiment indicators, indicating short-term weakness.
📊 The Long to Short Ratio on Bitfinex
Cole Garner highlighted a dramatic shift in XRP’s long to short ratio on Bitfinex:
Long positions surged from 9.5 to 16, signaling a bullish outlook.
But at the peak, the ratio dropped abruptly to 14, hinting at mass liquidations and a shift towards shorting.
The ratio continued to fall to 7.2329 — a 46.86% drop, confirming increased bearish pressure.
🔥 What This Means for Traders
Analysts are recommending to short XRP now as the trend suggests more downside ahead. The market shift is clear, and those who act on this advice may be in a profitable position.
#XRP #BearishSignals #CryptoMarket #ShortXRP #RiskRewardRatio
$XRP /USDT short trade signal 🛑 🚦
BEARS STRIKE HARD AS PRICE BREAKS BELOW MAJOR SUPPORT!
XRP has broken below the critical $1.7798 support, confirming bearish momentum. The failure to hold the $1.8000 level, combined with increased selling pressure, points toward further declines unless XRP quickly reclaims $1.8000 resistance.
Trade Setup:
Entry (Short): 1.7500
Take Profit (TP): 1.7000 / 1.6500 / 1.6000
Stop Loss (SL): 1.8000
Outlook:
XRP is trading with a bearish bias as sellers dominate the market. Immediate resistance is now at $1.7798–$1.8000, while downside pressure could extend toward $1.6000 and even lower if momentum persists.
#XRP #CryptoTrading #BearishMove #ShortXRP #CryptoSignals
$XRP
buy and trade here on $XRP
BEARS STRIKE HARD AS PRICE BREAKS BELOW MAJOR SUPPORT!
XRP has broken below the critical $1.7798 support, confirming bearish momentum. The failure to hold the $1.8000 level, combined with increased selling pressure, points toward further declines unless XRP quickly reclaims $1.8000 resistance.
Trade Setup:
Entry (Short): 1.7500
Take Profit (TP): 1.7000 / 1.6500 / 1.6000
Stop Loss (SL): 1.8000
Outlook:
XRP is trading with a bearish bias as sellers dominate the market. Immediate resistance is now at $1.7798–$1.8000, while downside pressure could extend toward $1.6000 and even lower if momentum persists.
#XRP #CryptoTrading #BearishMove #ShortXRP #CryptoSignals
$XRP
buy and trade here on $XRP
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