$XRP Losing Structure After Breakdown 📉

$XRP sharp rejection from highs followed by sustained selling — short continuation setup forming.

🔴SHORT $XRP

Entry Range: 1.39 & 1.41

Stop Loss: 1.45

Targets:

TP1: 1.34

TP2: 1.28

TP3: 1.20

XRP printed a clear breakdown after failing to hold above the 1.44 region, followed by strong bearish continuation and lower highs forming. The bounce we’re seeing now looks corrective rather than a true reversal.

Price is compressing under resistance, which often leads to another leg down if sellers remain in control. As long as 1.45 stays capped, the downside pressure remains valid.

A breakdown below 1.38 should open momentum toward 1.34. If continuation follows, 1.28 comes into play, with 1.20 as a deeper move target.

XRPUSDT

Perp

1.3763

-0.94%