🔻 $XRP just exploded on a squeeze, but smart money looks for fades, not FOMO after vertical pumps.
TRADE SETUP: SHORT $XRP
Entry: 1.46 – 1.50
Stoploss: 1.62
Targets: 1.35 – 1.25 – 1.15
Technical view:
The +21% spike is driven by short-term liquidity, not a trend shift. Price still trades below major moving averages, keeping the broader structure bearish. MACD remains negative, showing momentum hasn’t flipped yet.
RSI is oversold, but rebounds into resistance often get sold. If buyers fail to hold follow-through, XRP is likely to retrace back into its prior demand zone.
Trade $XRP here 👇