🔻 XRP/USDT: Ready to fall? Bears are taking control! 📉
After the unsuccessful attempt to secure above $2.15, XRP confidently broke through the key support at $2.10 and is trading below $2.07. The chart shows a downward reversal — selling pressure is increasing, and the market is preparing for the next move.
📊 Technical analysis:
Current price: $2.0637
Support: $2.00 (already tested)
Resistance: $2.11
MA7, MA25, MA99 — all above the current price
Volumes are rising on the decline — this is a signal for strengthening short positions
RSI — in the zone of 35–40, there is still room for decline
🔴 Trading plan: Short
Entry: $2.06–2.07
Stop-loss: $2.15
TP1: $2.00
TP2: $1.90
TP3 (aggressively): $1.75
If XRP fails to hold $2.00, pressure may increase to $1.75.
🧠 Forecast:
XRP shows weakness. The price is moving below all major moving averages. There are no signals for a reversal upward. Long positions should only be considered if it secures above $2.15 with volume. For now — short is the priority.
#XRPUSDT🚨 #BinanceFuturesNEXT #cryptotrading #ShortSignal #TechnicalAnalysis
