$XRP – Rally pushing higher, but beginning to stall in this area


Trading Plan Short $XRP
Entry: 1.43 – 1.51
Stop Loss: 1.55
Target: 1.36
Target: 1.28
Target: 1.20
The rally has continued for a while, but the upward movement is beginning to slow in this area. Buyers managed to maintain the push higher, although subsequent movement appears weaker and structure is becoming more choppy. Price is starting to grind against resistance rather than cleanly continuing higher. Sellers appear to be gradually re-entering the market, and when upside begins to stall like this, it typically leads to a pullback once buying pressure weakens.
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XRP4,35%
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