๐จ Will $XRP reach $2 first, or drop to $0.50 before the next major rally? ๐ค
Give me just 5 minutesโI want to share my $XRP analysis with you.
While many traders are watching for a short-term bounce, the weekly chart still suggests the broader trend remains bearish.
๐ Trade Setup: SHORT
๐ Entry Zone: $1.03 โ $1.08
๐ฏ TP1: $0.85
๐ฏ TP2: $0.65
๐ฏ TP3: $0.50
๐ Stop Loss: $1.20
Why this setup?
XRP is currently trading near a major support zone, but the higher-timeframe structure remains bearish. A short-term rally is still possible, but unless buyers reclaim key resistance levels, the broader downtrend could continue toward lower support areas.
Will $0.50 be the final capitulation before the next bull cycle, or will XRP surprise everyone with a stronger recovery?
๐ Trade $XRP here
This is my personal market analysis, not financial advice. Always do your own research and manage your risk carefully.
Give me just 5 minutesโI want to share my $XRP analysis with you.
While many traders are watching for a short-term bounce, the weekly chart still suggests the broader trend remains bearish.
๐ Trade Setup: SHORT
๐ Entry Zone: $1.03 โ $1.08
๐ฏ TP1: $0.85
๐ฏ TP2: $0.65
๐ฏ TP3: $0.50
๐ Stop Loss: $1.20
Why this setup?
XRP is currently trading near a major support zone, but the higher-timeframe structure remains bearish. A short-term rally is still possible, but unless buyers reclaim key resistance levels, the broader downtrend could continue toward lower support areas.
Will $0.50 be the final capitulation before the next bull cycle, or will XRP surprise everyone with a stronger recovery?
๐ Trade $XRP here
This is my personal market analysis, not financial advice. Always do your own research and manage your risk carefully.