XRP/USDT Short Entry Analysis | April 13, 2025
XRP made a high at 2.2475 and then started moving downwards while forming a Lower High. The RSI is currently in the neutral zone (44.61) but is leaning downwards, and there is a bearish crossover in the MACD.
My Short Entry Plan:
Entry: If the price breaks below 2.180
Stop Loss: 2.250 (previous high)
Targets:
TP1: 2.150
TP2: 2.130
TP3: 2.100 (if the market weakens further)
Indicators Support:
MACD: Bearish Crossover
RSI: Trending Down
Price Action: Lower High + Weak Volume
This analysis is for educational purposes only. Do not trade without risk management.
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