$XRP Rejected Below 200 EMA As Downtrend Remains Intact
Trade Setup: Short
Entry Zone: 1.100 – 1.115
TP1: 1.080
TP2: 1.060
TP3: 1.040
SL: 1.145
Price remains well below the 200 EMA (1.1659) confirming that sellers continue to control the broader trend. After failing to sustain multiple recovery attempts toward the EMA, XRP has formed a sequence of lower highs and lower lows, with momentum weakening near the 1.10 support area. Unless buyers reclaim the 1.14–1.16 resistance region, the path of least resistance remains to the downside. A breakdown below 1.097 could accelerate selling pressure toward lower support zones