$XRP is still bearish on the daily and 4h charts đ.
On the 1h, price is retesting the EMA50 as resistance, which is a classic spot for sellers to step in đ».
Momentum is weakening as the 15m RSI drops below 50, showing sellers gaining control â ïž.
This pullback looks like a sell opportunity before the next move down.
đ„ Short Setup (Quick Summary)
đ Entry: 2.014351 â 2.023745
đŻ TP1: 1.990868
đŻ TP2: 1.981474
đŻ TP3: 1.962687
đ Stop-Loss: 2.047229
Simple idea: Wait for price to break below the 1h low â enter short â ride the bearish momentum đšđ
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XRP
1.4777
+1.58%