š$XRP/USDT POTENTIAL SHORT TRADE SIGNAL ā Initial Target $2.1850 š
XRP/USDT is currently trading around $2.2040 and has recently touched the upper Bollinger Band, suggesting potential downward pressure. The RSI (14) is at 45.76, indicating weakening bullish momentum and leaving room for further decline. If the price breaks below the middle Bollinger Band (MA 20) at $2.1909, a move towards the lower Bollinger Band around $2.1850 becomes probable.
Trade Setup:
ā¢ Entry Zone: $2.2000 - $2.2080
ā¢ Initial Target (TP1): $2.1850 ā
ā¢ Potential Further Target (TP2): $2.1650 šÆ
ā¢ Stop-Loss: Above $2.2250 š
The bearish scenario is more likely if the price fails to hold above the middle Bollinger Band. Watch for a clear break below $2.1900 to confirm the downward momentum.
Disclaimer: NFA and DYOR.
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