$XRP
XLM/USDT - Sell signal at resistance
▄▀▄▀▄▀▄▀▄▀▄▀▄▀▄▀▄▀▄
▶ Entry (Sell): 0.3920 - 0.3956
✅ Take Profit 1: 0.3853
✅ Take Profit 2: 0.3773
⛔ Stop Loss: 0.3973
▀▄▀▄▀▄▀▄▀▄▀▄▀▄▀▄▀▄
📊 Multi-timeframe analysis:
· 4H: Strong downward trend (price below EMA 50 and 200) with resistance at 0.4141
· 1H: Forming a peak at 0.3956 with negative divergence on MACD
· 15M: RSI 7 reaching 59.99 (close to overbought)
🎯 Entry triggers:
· Price bouncing from resistance area 0.3956 (EMA 21 on 1H)
· Weak buying volume at resistance level
⚠️ Alternative scenario (Buy):
If the price breaks 0.3973 ⇒ targets 0.4058 (1H resistance)
📉 Summary:
Sell from current levels towards 0.3773 while monitoring support test at 0.3853.
---
Note:
· Risk/Reward ratio: 1:2.5
· The currency is in a downward channel in the medium term
· Monitoring overall market performance for any change in momentum
