Is the short opportunity for #美SEC促进加密资产创新监管框架 XRP here? Looking at the 4-hour chart, this downtrend is quite obvious.



Key levels first: the price has been suppressed below the EMA99 and EMA25, and recently got rejected near the dynamic resistance zone of 2.10-2.15. The MACD has already formed a death cross, and the RSI is hovering below 50, so momentum is indeed bearish. If the current consolidation range breaks downward, there could be more room to fall.

Here's a possible trade setup:
Entry zone: around 2.0700 to 2.1100
Stop loss: set above 2.1550
Target levels in three steps: 2.0150 / 1.9500 / 1.8500

But pay attention to risk management—if $XRP breaks above 2.2000 and holds, the short setup is invalid and you need to exit quickly. After all, the market can reverse at any time; strictly following the plan is more important than predicting direction.

Personally, I prefer to wait for a pullback confirmation before entering—don't rush to short. What do you all think?
XRP0.63%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • 6
  • Repost
  • Share
Comment
0/400
CryptoSurvivorvip
· 20h ago
This data looks pretty good, but I still think this might be a rebound, don’t rush to short. Wait, is XRP really this stable? Feels like the sentiment changed again a couple of days ago. To be honest, I’ve seen a lot of MACD death crosses, and quite a few times the price took off right after—gotta keep watching the charts. I remember the 2.0700 level; last time the rebound also stalled here, so there might actually be some support. But your stop-loss settings are pretty rigorous—I need to learn from that. I used to lose money for not setting stop-losses properly. The SEC is hinting at something again. Is this bullish or bearish for XRP? Not really sure.
View OriginalReply0
RugPullProphetvip
· 22h ago
Well, the death cross is indeed a bit risky, but I still think as long as 2.2 isn't broken, I'll keep shorting.
View OriginalReply0
GoldDiggerDuckvip
· 23h ago
Hey, you’re right about the stop-loss at the 2.2 breakdown. Just worried that if someone chases the short and isn’t careful, they might get trapped.
View OriginalReply0
AirdropHarvestervip
· 23h ago
Uh... I feel like this chart data is being overinterpreted. Can the 2.15 level really hold down XRP? Historically, it doesn't really seem that way.
View OriginalReply0
DuskSurfervip
· 23h ago
Wait, can XRP really break 2.07 this time? It feels like the volume above isn't quite enough.
View OriginalReply0
LiquidityWhisperervip
· 23h ago
Yeah, this analysis is quite detailed, but I'm still a bit worried about the timing of shorting. It feels like market sentiment can easily reverse right now.
View OriginalReply0
  • Pin
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)