๐Ÿšจ XRP Intraday Market Signal โ€“ May 9, 2025 ๐Ÿšจ


๐Ÿ”ป Direction: SELL / SHORT
๐Ÿ“‰ XRP is showing bearish momentum in todayโ€™s session.


๐Ÿ” Technical Breakdown:

โ€ข Price: $2.46


โ€ข Resistance: $2.65 โ€“ Struggling to break above
โ€ข Support: $2.50 โ€“ Next key level
โ€ข MACD: Bearish crossover

โ€ข RSI: Neutral (~47)
โ€ข Volume: Decreasing
โ€ข Market Sentiment: 59% Bearish


๐Ÿ’ก Strategy:

Enter short below $2.65, targeting $2.50, with stop-loss above $2.70 .Watch closely for a potential breakdown during low volume hours.


๐Ÿ“ข News Note: CME to launch XRP futures May 19 โ€“ Watch for โ€œsell the newsโ€ scenario.


๐Ÿ“ˆ Stay sharp. Risk management is key.

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