XRP is now stuck at the $2.10 key level, with both bulls and bears fighting for control. Based on today's price action, the decline has reached 2.65%, and the uptrend is clearly losing momentum.
To be honest, the previous rally was indeed fierce, but now we have a problem—the supply zone resistance is too strong. If this doesn't bounce back above $2.15 intraday, we need to consider the possibility that the market is taking profits. That's when short opportunities become attractive.
If you're looking to short XRP, here's a reference setup: entry positions between $2.08 to $2.12 would be suitable, with a stop loss set at $2.22. As for targets, the first level is $1.90, and the second target is $1.75. The key is whether it can hold $2.15—this level will determine whether short-term sentiment can reverse.
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LiquidationWatcher
· 23h ago
2.15 must really be held, otherwise once the space opens up, it's over.
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TommyTeacher1
· 01-15 12:00
2.15 can't hold, this wave is going to fail
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LightningSentry
· 01-15 12:00
Breaking through this 2.15 hurdle means you'll really have to take a loss.
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BearMarketSurvivor
· 01-15 11:54
2.15 If it can't hold, it will drop directly, and the short positions have been prepared long ago.
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zkProofGremlin
· 01-15 11:50
2.15 If you can't hold it, short positions really should be taken up.
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ImpermanentPhobia
· 01-15 11:49
If this 2.15 level is broken, the short positions really need to jump in.
XRP is now stuck at the $2.10 key level, with both bulls and bears fighting for control. Based on today's price action, the decline has reached 2.65%, and the uptrend is clearly losing momentum.
To be honest, the previous rally was indeed fierce, but now we have a problem—the supply zone resistance is too strong. If this doesn't bounce back above $2.15 intraday, we need to consider the possibility that the market is taking profits. That's when short opportunities become attractive.
If you're looking to short XRP, here's a reference setup: entry positions between $2.08 to $2.12 would be suitable, with a stop loss set at $2.22. As for targets, the first level is $1.90, and the second target is $1.75. The key is whether it can hold $2.15—this level will determine whether short-term sentiment can reverse.