Skip to main content

XRP (XRP/USDT) Trade Alert: Bearish Setup as Death Cross Approaches

The XRP market is showing signs of weakness, and traders may have a short opportunity based on key technical indicators.

XRP Chart (Source Trading View)
 
Let’s break down the latest trade setup and what’s driving this potential move.

Trade Details:

  • Sell Zone: $2.0972

  • Target: $2.0817

  • Stop Loss: $2.1090

This setup offers a good risk-to-reward ratio for short-term traders, especially those who follow technical signals closely.

Why XRP Looks Bearish

XRP is currently facing sell pressure.
On the 1-hour chart, the EMA 50 is below the EMA 200, a classic sign of short-term bearish momentum.
This means sellers are gaining control and pushing the price down gradually.

But more importantly, on the 4-hour timeframe, XRP is close to forming a Death Cross—a bearish pattern that occurs when the 50-period EMA crosses below the 200-period EMA.
If this formation completes, it could trigger stronger selling activity in the market.

What Traders Should Watch

  • Confirmation of the Death Cross on the 4-hour chart

  • Price rejection near the $2.0972 resistance zone

  • Break below $2.09 with volume could lead to a move toward the $2.0817 target

Final Thoughts

This setup suggests a short opportunity with controlled risk. As always, traders should monitor price action carefully and stick to their trading plan.
The technicals point toward a possible short-term drop, but proper risk management is key.

Disclaimer: This analysis is for educational purposes only and not financial advice. Always do your own research before trading.


Join my Telegram channel for daily trading signals - 100% free!

👉 Link:  https://t.me/bwtinternational


Comments

Popular post

Why Is Bitcoin Going Up? BTC Hits $97K After Buy Signal

Bitcoin (BTC) is going up, reaching $97,000 on January 14, 2025. It dropped below $90,000 on Monday, which worried some people. The price is rising because of a strong buy signal at $92,000. Experts think Bitcoin could reach $103,000 or even its highest price of $108,000 soon. Could Bitcoin reach $1 million? Some say it’s possible, but others think it will stay lower in 2025. 

Ethereum Heading Towards $4,000:

Big Potential Ahead! Ethereum is close to hitting $4,000, following a strong rising trend. Experts believe that if ETH breaks its past high of $4,500, it could reach $5,000–$5,500 in the next bull run. Some even predict ETH could hit $6,000–$7,000 if it continues to rise. Hold tight—big gains could be coming!

🚀 XRP Price Update – Is a Breakout Coming?

XRP is trading at $2.81, up 1.89% in the last 24 hours.  With strong resistance at $3.00,  a breakout could push XRP toward $3.20 or its ATH $3.38+! Key levels to watch: 🔹 Resistance : $3.00 - $3.20 (Break = 🚀) 🔹 Support : $2.50 - $2.20 (Pullback zone) 🔹 Sentiment : Bullish, but Fear & Greed Index at 50 (Neutral) A breakout above resistance will confirm further upside momentum.