$XRP here is a trade setup for XRP (based on the chart)
Short‑term (short) setup
- Entry: break & close below the red box (≈1.9001) or the lower Bollinger band (DN 2.0307).
- Target: 1.8209 (next support).
- Stop‑loss: just above the middle Bollinger (MB 2.1374) or recent swing high (≈2.1051).
- Signal: RSI (6) at 19.4 is deep in oversold territory, so a short can be risky unless you catch a strong bearish break.
Long‑term (long) setup
- Entry: bounce off the red box support (≈1.9001) with a bullish candle and RSI climb above 30.
- Target: upper Bollinger band (UP 2.2442) or the recent high 2.2868.
- Stop‑loss: below 1.8209 (break of major support).
- Signal: if price holds the red zone and RSI turns upward, the bias shifts to a swing‑long for the next few days.
Quick action plan
1. Watch the 1.9001 level – break → short; hold → wait for long signal.
2. Use tight stops because XRP is volatile and the RSI is low.
3. Check volume (24h Vol) for confirmation of any breakout.
