$XRP Market Update
Trade Type: SHORT (Trend Continuation / Lower High Structure)
Entry Zone: 1.395 – 1.410
Resistance Zone: 1.423 – 1.440
Targets:
TP1: 1.372
TP2: 1.355
TP3: 1.330
Stop Loss: 1.455
Market View:
XRP is in a clear short-term downtrend with consecutive lower highs and lower lows. Price is trading below key moving averages, showing sustained seller control. The recent bounce from 1.3728 looks like a relief pullback rather than a reversal.
As long as price stays below the 1.423 resistance zone, downside continuation remains likely. Rejections near the entry zone can trigger another leg down. A break below 1.372 opens the path toward deeper liquidity zones around TP2 and TP3.
If price reclaims 1.440 and holds above it, bearish pressure weakens and the setup becomes invalid.
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