$XRP SHORT TRADE SETUP – Targeting $2.29 & $2.17
$XRP has been steadily sliding after a failed breakout at $2.6549. The trend has now formed lower highs and lower lows on the 4H chart. With bears tightening grip below the $2.40 mark, another drop looks increasingly likely.
📊 Trade Setup:
Entry Zone: Around $2.35 – $2.36
TP1: $2.29
TP2: $2.17 (key support area)
Stop-Loss: Above $2.44 (local high)
Note: Price is struggling to reclaim momentum. If $2.3471 breaks, expect acceleration towards the downside targets.