$XRP / Rejection from $2.3271 after a long upper wick shows strong selling pressure

Short-term bearish reversal candle at the top

XRP rose sharply from $2.1650 to $2.3271, but failed to hold above the peak.

A sharp wick and a red candle are now forming at resistance, indicating a potential loss of strength in the short term and a correction.

🔻 Trade Setup:

• Entry Point: $2.2900 – $2.3000

• Stop Loss: $2.3330

• Take Profit:

• TP1: $2.2630

• TP2: $2.2280

• TP3: $2.1920

📉 Market Outlook:

XRP shows signs of profit-taking after a sharp upward movement.

Failure to hold near the peaks could lead to a correction towards previous consolidation levels.

#XRPUSDT #CryptoAnalysis #StrategyBTCPurchase #DYMBinanceHODL #USCorePCEMay