$XRP continues to struggle as sellers dominate every recovery attempt.
The move to multi-month lows triggered significant derivative market liquidations, reinforcing the existing downtrend. Traders are now focused on whether support can form near key psychological levels.
Trade Setup:
Entry: $1.17–$1.20
Target 1: $1.12
Target 2: $1.10
Target 3: $1.05
Stop Loss: $1.25
Until momentum shifts, rallies look like shorting opportunities.
#XRP #Ripple #XRPUSDT #CryptoTrading #AltcoinNews
The move to multi-month lows triggered significant derivative market liquidations, reinforcing the existing downtrend. Traders are now focused on whether support can form near key psychological levels.
Trade Setup:
Entry: $1.17–$1.20
Target 1: $1.12
Target 2: $1.10
Target 3: $1.05
Stop Loss: $1.25
Until momentum shifts, rallies look like shorting opportunities.
#XRP #Ripple #XRPUSDT #CryptoTrading #AltcoinNews