
Posteo
$XRP Bears Stay In Control As Downtrend Signals Further Weakness Ahead.
Trade Setup: SHORT
Entry Zone: 1.0950 – 1.1050
TP1: 1.0800
TP2: 1.0600
TP3: 1.0300
SL: 1.1250
$XRP continues to print lower highs and lower lows on the 1H timeframe, confirming a sustained bearish market structure. Recent recovery attempts have been weak, while selling pressure remains dominant near resistance levels.
With price trading below key support zones and order flow favoring sellers, the probability of another leg lower remains elevated unless bulls reclaim the 1.1250 region with strong momentum#NFPBlowout172K #BTCETFOutflowRecord #ZECOrchardInfiniteMint
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