📉 $XRP : WEAKENING DOWNTREND
• Trading Plan (Short):
• Entry: $2.0830 - $2.1100
• Stop Loss (SL): $2.1800
• Take Profit (TP): $2.0500 and $2.0000
• Indicators: RSI has room to rise (RSI(6) is 59.8595), confirming potential retest of resistance before a move down. MACD is deep below zero (DIF: -0.0031), validating downward momentum despite a minor recent upturn.
• Outlook: Failure to breach $2.1000 (combining the EMA(50) resistance and psychological level) will likely push XRP down to retest the $1.9825 low. A break below that level targets the $1.9500 region.
