$XRP – Rally pushing higher, but beginning to stall in this region


Trading Plan Short $XRP
Entry: 1.43 – 1.51
Stop Loss: 1.55
Target Price: 1.36
Target Price: 1.28
Target Price: 1.20
The push higher continued for a while, but the uptrend is beginning to slow in this region. Buyers managed to maintain the rally, although subsequent moves appear weaker, and the structure has become more volatile. Price is beginning to grind above resistance rather than continuing cleanly higher. Sellers appear to be gradually re-entering the market, and when upside begins to stall like this, it typically leads to pullback once buying pressure weakens.
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XRP4,35%
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