XRP has been on a steady decline, recently dipping to an intraday low of 3.1359 before staging a minor bounce. However, bearish momentum continues to dominate, and a drop below the 3.1350 level could open the door for further downside toward deeper support areas.

$XRP

Short Trade Setup:

  • Entry Range: 3.1480 – 3.1550

  • Target 1: 3.1350

  • Target 2: 3.1250

  • Stop Loss: 3.1700

Market Perspective:

The trend remains bearish with lower highs and strong selling candles reinforcing downside pressure. Unless price decisively breaks above 3.17, the dominant direction remains to the downside.

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