XRP

2.17

-1.30%

​$XRP /USDT: Bearish Continuation After Rejection

​Based on the 15-minute chart:

​Trade Setup: The price ($2.1831) was strongly rejected from the high of \$2.2357, leading to a sharp sell-off. The current price action is showing an attempt to stabilize but remains under bearish pressure.

​Entry Range: \$2.1800 - \$2.1850 (To catch a potential break below the immediate support)

​Target 1: \$2.1720

​Target 2: \$2.1589 (Recent local low)

​Target 3: \$2.1400

​Stop Loss (SL): \$2.2000 (Above the last local resistance)

​Short Outlook of Market: Bearish. The strong selling pressure from the recent top suggests the bears are in control, and the price is likely to test lower support levels.