$XRP coin
SHORT
Price: 2.3358
(Enter on entry price)
3x leverage isolated
I can see a rising wedge bearish chart pattern on the 1-hour time frame. XRP has already touched the upper trendline resistance, and now it is likely to move downwards.
On the 12-hour time frame, the CoinGlass Binance liquidation heatmap shows a lot of downside liquidity. This suggests that XRP may continue to fall, as many people have opened short positions on XRP.
Additionally, the Money Flow Index on TOTAL2 looks bearish, indicating that other altcoins might also go down. You can consider opening short positions with proper risk management and money management. Avoid using high leverage while trading.
Sl: 2.4750
Target:
1) 2.2555
2)2.2240
3)2.2065
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