$XRP USDT BEARS PUSH PRICE TO NEW LOWS – SUPPORT UNDER PRESSURE AT 3.1116
XRP has broken down from the $3.1765 high and is now testing key support at $3.1116. Price action remains firmly below all major moving averages (MA7, MA25, MA99), signaling continued bearish momentum. If sellers maintain control, a deeper drop toward lower support zones could follow.
Trade Setup:
Entry (Short): $3.113 – $3.125
Take Profit 1: $3.095
Take Profit 2: $3.065
Stop Loss: $3.145
Market Outlook:
Bearish sentiment is dominant, with momentum favoring sellers. A decisive break below $3.1116 could accelerate the decline, while a close above $3.145 would be the first sign of potential short-term relief.
#XRP #CryptoTrading #BearishTrend #PriceAction #Binance
buy and trade here on $XRP