$XRP /USDT BEARISH IMPULSE AFTER BREAKDOWN FROM $2.45 RANGE

$XRP /USDT experienced a sharp decline after failing to hold above the $2.45 level, crashing down to a low of $2.30 before recovering slightly to $2.3677. The structure now shows a clear lower high formation with increasing bearish pressure, indicating potential continuation if price remains below $2.40.

Trade Setup (Short):

Entry: $2.36 – $2.38

Take Profit: $2.31 / $2.27

Stop Loss: $2.42

Market Outlook:

XRP is now trading below short-term resistance and forming a bearish flag pattern on the 1H chart. If $2.35 fails to hold, a deeper drop is likely as bears continue dominating the trend.

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