📉 XRP/USDT Trade Idea

Bias: Bearish (trend continuation)

Trend: Daily chart shows lower highs and lower lows. Price is trading below key EMAs.

Entry Area: 1.9000 – 1.9050 (after breakdown)

Stop Loss: 1.9250 (above EMA25 and the 24h high)

Take Profit Targets:

🎯 TP1: 1.8800 – Near-term support

🎯 TP2: 1.8650 – Previous swing low

🎯 TP3: 1.8450 – Strong higher-timeframe support

Why this setup makes sense:

‱ Price lost support at EMA7 (1.9055)

‱ XRP is trading below EMA25 and EMA99

‱ Strong rejection near 1.9240 shows sellers are active

‱ Heavy sell volume (~28.9M XRP) confirms bearish pressure

‱ Market structure points to a move toward 1.88 and possibly lower

⚠ Trade smart and manage risk.

XRP
XRPUSDT
1.9158
+0.66%

#xrp #cryptotrading #BÄ°NANCESQUARE #TradeIdea #BearishTrend