$XRP IS PRIMED FOR A SHORT TRADE



XRP's 15-minute chart shows a strong bearish setup with lower highs and lower lows The price has broken through key supports with aggressive selling and the RSI is trending below 30 indicating oversold conditions

Trade Plan
Entry $3.06-$3.10 on a minor pullback
Stop Loss $3.13
Targets
$3.00
$2.97

Risk-Reward
Target 1 25x reward
Target 2 4x reward

Probability of Profit
High 70% if Bitcoin stays weak
Moderate 50% if Bitcoin bounces sharply

Wait for a small bounce to reduce risk Don't chase the move #XRP # ShortTrade #BearishSetup # CryptoTrading #MarketAnalysis
XRP0.25%
BTC0.4%
DON2.79%
MOVE-0.56%
post-image
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
0/400
No comments
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate app
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)