$XRP is in a clear corrective downtrend on the 1H timeframe.
After the strong move up toward 2.38–2.40, price failed to hold above the key EMAs and started printing lower highs. Right now, XRP is trading below EMA 14 / 21 / 50, and price is sitting just above EMA 100 (~2.18–2.19).
This tells us:
Momentum is bearish short-term
Buyers are weak and only defending support, not pushing price up
Any bounce into resistance is likely to be sold
As long as XRP stays below 2.24–2.25, upside moves are dead-cat bounces, not trend reversals.
$XRP Scalp Trade Plan
Primary Setup: Short the Pullback (Best Probability)
Short Entry Zone:
2.23 – 2.26
Take Profit Targets:
TP1: 2.19
TP2: 2.14
TP3: 2.08
Stop Loss:
2.30
Leverage: 20x – 40x
Margin: 2% – 4%
👉 Book partial profit at TP1 and move stop to entry.
Alternative Long Setup (Only If Confirmed)
A long scalp is valid ONLY if:
XRP reclaims and holds above 2.26–2.28 on a 1H close
Volume expands on the reclaim
If that happens, upside opens toward:
2.30 → 2.35
Without that reclaim, longs are risky and low-probability. $BTC and $ETH are also in downtrend.
Open Trades Here 👇👇👇
