BEARISH
XRP BEARISH · 1d
ENTRY1.048~1.064TARGET0.97STOP1.095
In 3 lines
- XRP has stepped down from 1.29 dollars over four months to 1.02, now sitting precariously just above its 50-day low of 1.0086 dollars.
- All six analytical frameworks pointed down, and broken support turned resistance lines up with the one-month average price line at 1.05-1.06 dollars.
- A daily close back above 1.0943 dollars would break four months of lower highs for the first time, which is why the stop sits just above it at 1.095.
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