$XRP $XRP is showing clear multiple rejections around 1.370–1.375 zone, confirming strong selling pressure at the top. Buyers attempted several breakouts but failed to sustain above resistance — a classic bearish signal.
Price now trading near 1.3473, and if 1.345–1.340 support breaks, expect acceleration toward lower liquidity zones. Short Bias Setup: Entry: 1.350 – 1.365 (on pullbacks) TP1: 1.340 TP2: 1.335 TP3: 1.320 SL: 1.372 Technical Outlook: Multiple wick rejections = strong supply zone Lower highs forming on smaller timeframes Breakdown below 1.340 confirms bearish continuation Sellers are defending the resistance aggressively. Unless price reclaims 1.375 with strength, downside remains favored. Buy and trade here on $XRP
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
$XRP $XRP is showing clear multiple rejections around 1.370–1.375 zone, confirming strong selling pressure at the top. Buyers attempted several breakouts but failed to sustain above resistance — a classic bearish signal.
Price now trading near 1.3473, and if 1.345–1.340 support breaks, expect acceleration toward lower liquidity zones.
Short Bias Setup:
Entry: 1.350 – 1.365 (on pullbacks)
TP1: 1.340
TP2: 1.335
TP3: 1.320
SL: 1.372
Technical Outlook:
Multiple wick rejections = strong supply zone
Lower highs forming on smaller timeframes
Breakdown below 1.340 confirms bearish continuation
Sellers are defending the resistance aggressively. Unless price reclaims 1.375 with strength, downside remains favored.
Buy and trade here on $XRP