BEARISH

XRP BEARISH · 4h

ENTRY1.09~1.097TARGET1.045STOP1.113
XRP chart

In 3 lines

  • XRP found a floor near $1.04 and has recovered to $1.08, but the $1.09-1.10 area overhead still stands as a heavy wall of supply waiting to be sold into.
  • That one area stacks the roughly one-month average price line, the prior peak and the volatility band top, and large-holder transfers down 97% agree.
  • So a rally into that wall is where we sell, and acceptance above $1.113 would mean the read is wrong - which is exactly where the stop sits.

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