XRP/USDT – Bearish Signal
Signal 🚦
🔴 Sell/Short: $2.17
🎯 Targets: $2.10, $2.00
🟢 Stop-Loss: $2.25
Note: As previously analyzed, $XRP broke down from its ascending channel and continues to follow BTC’s downward trajectory. If XRP fails to reclaim $2.20, further downside toward $2.10 and $2.00 is likely. Manage risk with a stop-loss above $2.25 in case of a sudden bounce or broader market reversal.
🛡️ Risk Management
🔹 Risk 2-5% per trade
🔹 Stick to stop-loss
🔹 Aim 1:2+ R/R
🔹 Avoid FOMO & chasing
🔹 Adjust for volatility
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⚠️ Always DYOR before trading! Crypto markets are volatile, manage risk wisely.
📌 Note: Futures trading may not be Shariah-compliant. Trade responsibly.