$XRP – BEARISH REVERSAL AFTER SPIKE!
$XRP surged to 2.9285 but faced strong rejection, forming a sharp red candle as selling pressure increased. The failed breakout and heavy volume near the highs suggest profit-taking and weakening momentum. Price is now sliding back toward 2.8450–2.8500 support, with risks of deeper correction if bulls fail to defend.
Trade Setup (Short):
Entry: 2.860 – 2.875
Targets (TP): 2.830 / 2.805 / 2.792
Stop Loss (SL): Above 2.930
Sellers are gaining control after the overextended rally, signaling caution for long positions.