🔴📉$XRP
XRP
2.0155
-2.73%
BEARISH TECHNICAL ANALYSIS – DOWNSIDE MOVE EXPECTED
$XRP is showing bearish pressure after failing to hold above the 2.2000–2.4000 resistance zone. Price is forming lower-highs and struggling to maintain support at 2.0162, indicating sellers are in control. Weak buying volume and repeated rejection near resistance suggest further downside continuation is likely.
A break below 2.0162 could trigger a move toward lower demand zones.
Targets (TP)
TP1: 2.0000
TP2: 1.9800
TP3: 1.9500
Stop Loss (SL)
Place SL above 2.2000, invalidating the bearish setup if breached.
Risk Management
Risk 1–2% per trade, maintain strict SL discipline, and avoid chasing impulsive moves.