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Reversal of #Xrp🔥🔥 in Motion Following Blow-Off !!
Before sellers took over, the price jumped to 2.2184. Bears now have the upper hand as momentum and structure wane.
Short-term trading activity
Admission: 2.1614
TP1: 2.1300
TP2: 2.1050
TP3: 2.0941
SL: Over 2.2184
Market Perspective:
A classic blow-off top with a strong rejection is followed by a breakout candle. When the volume crested and turned red, it meant that the euphoria was over. When volatility is in the shorts' favor, ride the down.
