$XRP /USDT SHORT Trade Forecast – Catch the Downtrend Momentum! 📉🚀
XRP is bleeding hard right now at ~1.7450, down -7.35% in a sharp selloff! Fresh rejection from higher levels (~1.88 high), breaking key support with heavy volume spikes on the drop. Bears are in full control:
Strong bearish MACD crossover (DIF/DEA negative, histogram red deepening)
Oversold RSI(6) ~21 & RSI(14) ~33 – but momentum still downward
Price below all major MAs (yellow/orange lines crushing the candles)
L/S Ratio 3.54 with Longs dominating 78% Acc – perfect for squeeze plays!
Bollinger Bands expanding lower, price hugging the lower band
This looks like classic capitulation after failed rally – more downside likely before any real bounce. SHORT
$XRP /USDT NOW at market ~1.745!
🎯 Take Profit levels:
TP1: 1.7043 (recent low, quick scalp +2.3%)
TP2: 1.65 (next major support zone, +5.4%)
🛑 Stop Loss: 1.81 (above recent swing high & 24h resistance, risk ~3.7%)
Risk-reward setup is juicy – tight SL, room for big move south if BTC drags alts further. Volume confirming sellers in charge, don't fight the tape!
Who's jumping in on this bearish ride? Drop 🔥 if you're shorting too!
Trade smart, manage risk – NFA, DYOR. Let's print! 💰
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