$XRP / Short Trading Signal🔴
Repeated low highs with strong bearish momentum
15-minute chart shows sharp selling below $2.08
Rejection at the mid-Bollinger range confirms the bearish trend
XRP broke below the support area of $2.05–$2.08, leading to a bearish continuation pattern. The price is trending below the mid-Bollinger range (MB: 2.0787) with strong rejections and follow-up candles, indicating ongoing weakness.
Trading Setup:
• Entry Point: $2.04 – $2.03
• Stop Loss: $2.07
• Take Profit:
• TP1: $2.00
• TP2: $1.96
Market Outlook:
Bearish pressure dominates.
Unless XRP recovers $2.08 with strong volume, the trend favors continued declines towards psychological support at $2.00.
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