$XRP /USDT – BEARS STILL IN CONTROL, WATCH FOR FURTHER DOWNSIDE
XRP has been under consistent selling pressure, dropping from the 3.14 high down toward 2.96. The 15m chart shows sellers maintaining dominance with only short-lived recovery attempts. Until bulls reclaim key resistance levels, the bias remains bearish, with risks of continuation lower.
Trade Setup:
Entry (Short Zone): 2.96 – 2.99
Take Profit (TP):
TP1: 2.94
TP2: 2.90
Stop Loss (SL): 3.03
Market Outlook:
Momentum favors bears after repeated failures to push above 3.00. A clean break under 2.94 could accelerate downside toward 2.90. On the upside, bulls need to reclaim and hold above 3.05 to shift sentiment back toward recovery. Until then, rallies are likely to face selling pressure.
