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$XRP Faces Rejection at $2.3010 — Short Trade in Play 📉
XRP climbed toward $2.30 but got swiftly rejected, forming a lower high structure on the 15M chart. Price now consolidates at $2.23, hinting at bearish momentum taking over.
Current Price: $2.2332
24H High / Low: $2.3010 / $2.1415
24H Volume: 275.98M XRP
1H Chart Analysis:
Strong rejection candle at $2.30
SAR flipped bearish at $2.1998
Momentum fading with lower highs
Short Trade Plan:
Entry Zone: $2.23 – $2.25
Final Target: $2.15
Stop Loss: $2.31
Why This Setup Makes Sense:
After hitting resistance, XRP is showing weakness with rejection wicks and declining volume. Risk-reward favors short scalps.
Risk Strategy:
Secure partial profits near $2.18, trail remainder toward final target.
Take short trade here on
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