$XRP /USDT is flashing STRONG BEARISH signals right now! ๐จ Price crashing to ~1.5747 with a brutal -9.96% drop in the last session. Bulls got wrecked as we broke key supports hard.
Key indicators screaming downside:
Heavy long liquidation pressure with L/S Ratio at 3.38 and Longs dominating at 77%+ across ratios, positions & accounts โ classic over-leveraged longs getting flushed!
MACD deeply negative (-0.0349) with DIF/DEA in bearish territory and histogram red.
RSI oversold (RSI6 ~12, RSI14 ~25) but momentum still weak โ no immediate reversal candle.
Bollinger Bands squeezing lower, price hugging the lower band after failing MB.
Volume spiking on red candles, MA5/MA10 trending down sharply.
Overall performance: -8.85% today, -17.86% weekly, -49.64% yearly โ major downtrend intact!
FORECAST: SHORT XRP/USDT NOW! Bearish continuation likely toward lower supports.
Entry: Around current ~1.575 Take Profit: 1.45 (strong volume support zone, ~8% gain) Stop Loss: 1.68 (above recent high wick, invalidation if bulls reclaim)
Risk tight, high R:R setup in this flush! Don't fight the trend โ ride the momentum while longs bleed. DYOR & manage risk!
Trade $XRP / $USDT Short Now! Follow & turn ๐ on โ for more calls!
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