XRP continues to respect the multi-week descending trendline, forming a clear sequence of lower highs (R1 → R2 → R3). The most recent interaction was a triple confluence: trendline rejection, 50/100 EMA rejection, and a fail at the 0.5–0.618 Fib retracement. The circled area confirms a clean break + failed retest, showing sellers maintaining control.
Price is currently sitting on top of FVG 1 and a small demand pocket. A reactionary bounce toward FVG 2 or the EMA cluster is possible, but the structure remains decisively bearish unless XRP can reclaim the trendline and hold above the golden pocket.
Below, the $1.8476 liquidity line is the major inefficiency. If current demand fails to produce sustained higher lows, a liquidity sweep into that level becomes the high-probability continuation target.
Bias: bearish structure, EMA alignment down, repeated trendline rejections, Stoch RSI resetting for potential continuation.
Price is currently sitting on top of FVG 1 and a small demand pocket. A reactionary bounce toward FVG 2 or the EMA cluster is possible, but the structure remains decisively bearish unless XRP can reclaim the trendline and hold above the golden pocket.
Below, the $1.8476 liquidity line is the major inefficiency. If current demand fails to produce sustained higher lows, a liquidity sweep into that level becomes the high-probability continuation target.
Bias: bearish structure, EMA alignment down, repeated trendline rejections, Stoch RSI resetting for potential continuation.
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As informações e publicações não se destinam a ser, e não constituem, conselhos ou recomendações financeiras, de investimento, comerciais ou de outro tipo fornecidos ou endossados pela TradingView. Leia mais nos Termos de Uso.