$XRP /USDT – Bearish Flag Pattern Playing Out
$XRP has formed consecutive bearish channels, each followed by strong downward momentum. The current structure shows another bear flag, and price is starting to break down from this formation. The rejection near the 2.16–2.20 resistance zone confirms seller dominance.
If the pattern continues, XRP may revisit key support zones around 2.03 and potentially lower if volume increases.
📉 Bearish Trade Setup:
• Entry Zone: 2.11 – 2.12
• Take Profit 1: 2.03
• Take Profit 2: 1.92
• Stop Loss: 2.16
🔍 Watch for increasing red candles and volume to confirm momentum.