BlockchainBaller
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#XRPBEAR Going down towards $1.9 to $1.6❗$XRP Breakdown Alert❗Short Setup in Play❗Bearish continuation is likely after the strong breakdown from recent support. Sellers are dominating with order flow heavily skewed towards the downside.
Current Price: $2.2321 (-5.36%)
24H High: $2.3799 | 24H Low: $2.2234
📊 Market Structure:
• XRP is in a clear downtrend, with increasing bearish momentum.
• Price has broken below key support at $2.27 and is approaching critical levels near $2.22.
• Stochastic RSI is in the oversold zone, indicating continued downside pressure.
📉 Key Levels:
• Resistance: $2.27 / $2.33
• Support: $2.22 / $2.20
⚠️ Short Trade Setup:
• Entry Zone: $2.23 – $2.24 (Breakdown Retest)
• TP1: $2.20
• TP2: $2.15
• TP3: $2.10
• Stop Loss: Above $2.27
⚡️ Pro Tip:
Enter after a retest of the $2.23 zone or on further weakness. Ride the momentum as XRP trends lower.
Short with confidence – momentum is on the bears' side! 🔥
Current Price: $2.2321 (-5.36%)
24H High: $2.3799 | 24H Low: $2.2234
📊 Market Structure:
• XRP is in a clear downtrend, with increasing bearish momentum.
• Price has broken below key support at $2.27 and is approaching critical levels near $2.22.
• Stochastic RSI is in the oversold zone, indicating continued downside pressure.
📉 Key Levels:
• Resistance: $2.27 / $2.33
• Support: $2.22 / $2.20
⚠️ Short Trade Setup:
• Entry Zone: $2.23 – $2.24 (Breakdown Retest)
• TP1: $2.20
• TP2: $2.15
• TP3: $2.10
• Stop Loss: Above $2.27
⚡️ Pro Tip:
Enter after a retest of the $2.23 zone or on further weakness. Ride the momentum as XRP trends lower.
Short with confidence – momentum is on the bears' side! 🔥
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