$XRP



🔎 Current Structure

Price: 1.344

Clear downtrend (lower highs & lower lows)

Price below MA5, MA10, MA30

MACD slightly bearish

Trend bias: Bearish until structure breaks

🟥 Primary Plan: Short Setup (Trend Continuation)

Entry Zone: 1.348 – 1.355 (pullback to MA area)
Stop Loss: 1.366 (above recent lower high & MA30)
Targets:

TP1: 1.335

TP2: 1.325

TP3: 1.310

👉 Only short on weak bounce + rejection candle on 15m.

🟩 Alternative Plan: Counter Long (High Risk)

Only if:

Strong bullish engulfing

Break & close above 1.360

MACD bullish crossover

Entry: Above 1.362
SL: 1.348
Targets: 1.375 / 1.390

📌 Key Levels

Resistance: 1.355 – 1.365

Support: 1.335

Major support: 1.310

⚠️ Risk max 1–2% per trade.
Right now momentum favors sellers unless structure shifts.#DeepCreationCamp
XRP-4.13%
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
  • Pin

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)