$XRP USDT – SHORT TRADE SIGNAL🔴
REJECTION AT $2.9750 SWING HIGH | BEARISH CANDLE FORMING BELOW EMA7
XRP surged to $2.9750 but faced a swift rejection, forming a strong bearish candle on the 30m chart. Price is now closing below the EMA(7) at $2.7851, signaling potential downside momentum. With volume fading post-pump, a short retracement is likely.
The EMA(25) at $2.6938 and support near $2.6361 could be the next targets.
Trade Setup
• Entry Point: $2.76 – $2.78
• Stop Loss: $2.98
• Take Profit:
• TP1: $2.70
• TP2: $2.64
• TP3: $2.54
• Margin: 2–3%
• Leverage: 10x
Market Outlook: XRP may undergo short-term correction after overextension. Breakdown below $2.70 would confirm lower move toward EMA99.