$XRP Trapped in Noise – Don't FOMO Yet! 🚨
Entry: Around 1.86–1.88
SL: Above 1.90
TP1: 1.873
TP2: 1.833
mTP3: 1.826
Technical analysis reveals a bearish market structure on the 1H timeframe. Price hasn’t reclaimed key resistance, meaning the primary trend remains down. The 1.89–1.90 area is acting as strong resistance, consistently creating lower highs and rejecting upward movement. 📉
Expect $XRP to likely be pushed down to liquidity zones below before any significant reaction. Only a strong close *above* 1.89–1.90 with clear bullish signals (engulfing pattern/structure shift) would invalidate this setup and signal a potential long opportunity targeting 1.906 → 1.947. Until then, prioritize shorts.
The market is filtering out weak hands – patience and confirmation are key. No confirmation, no entry.
#XRP #CryptoTrading #TechnicalAnalysis #Altcoins 🐻
