📉📊 Mastering XRP Structure with Bitcoin Dominance - Educational Breakdown 🧠💡
Hey traders! FXPROFESSOR here 👨🏫
From now on, my TradingView Crypto posts will be 100% educational only. I won’t be sharing target charts or trade setups here anymore. Why? Because even with the best chart, most traders still struggle to execute properly. So instead, I’ll teach you how to think, read, and act like a real trader.
👉Let’s jump into today’s educational case:
🔍 Chart 1: XRP/BTC
We're facing a clear resistance zone around 0.00002780, rejecting after several tests. There’s also a wedge pattern forming, suggesting a drop is likely — possibly toward 0.00002690 or even further to the unchecked support at 0.00002469. That’s a 9.4% move — but remember, this becomes invalidated if XRP breaks back above 0.00002780.
🔍 Chart 2: Bitcoin Dominance
Dominance is sitting right on support. If BTC dominance rises, it means Bitcoin could gain strength relative to altcoins. This typically leads to:
BTC holding steady or rising
Some major Alts (like XRP) might correct
Watch this carefully — a BTC dominance rebound strengthens the XRP short thesis.
🔍 Chart 3: XRP/USD
XRP/USD is moving inside a large wedge formation. The current rejection level is around $3.34, with price possibly aiming for $2.88 or lower if the wedge plays out. Until we break above that resistance, the bias remains bearish.
🎯 Strategy Insight – The Hedge
What’s a calculated way to play this setup?
→ Go long Bitcoin (dominance at support)
→ Go short XRP (at resistance)
This way, you hedge your exposure while staying aligned with market structure. This is not financial advice — but a great exercise in developing strategic thinking.
📌 Remember: Managing the position is a whole different skill — one that you must learn through real-time practice and proper mentorship. But the charts today give you valuable food for thought to sharpen your edge.
Let’s stop gambling and start thinking like traders. No hype. No signals. Just structure, context, and logic.
One Love,
The FXPROFESSOR 💙
Disclosure: I am happy to be part of the Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis. Awesome broker, where the trader really comes first! 🌟🤝📈
Hey traders! FXPROFESSOR here 👨🏫
From now on, my TradingView Crypto posts will be 100% educational only. I won’t be sharing target charts or trade setups here anymore. Why? Because even with the best chart, most traders still struggle to execute properly. So instead, I’ll teach you how to think, read, and act like a real trader.
👉Let’s jump into today’s educational case:
🔍 Chart 1: XRP/BTC
We're facing a clear resistance zone around 0.00002780, rejecting after several tests. There’s also a wedge pattern forming, suggesting a drop is likely — possibly toward 0.00002690 or even further to the unchecked support at 0.00002469. That’s a 9.4% move — but remember, this becomes invalidated if XRP breaks back above 0.00002780.
🔍 Chart 2: Bitcoin Dominance
Dominance is sitting right on support. If BTC dominance rises, it means Bitcoin could gain strength relative to altcoins. This typically leads to:
BTC holding steady or rising
Some major Alts (like XRP) might correct
Watch this carefully — a BTC dominance rebound strengthens the XRP short thesis.
🔍 Chart 3: XRP/USD
XRP/USD is moving inside a large wedge formation. The current rejection level is around $3.34, with price possibly aiming for $2.88 or lower if the wedge plays out. Until we break above that resistance, the bias remains bearish.
🎯 Strategy Insight – The Hedge
What’s a calculated way to play this setup?
→ Go long Bitcoin (dominance at support)
→ Go short XRP (at resistance)
This way, you hedge your exposure while staying aligned with market structure. This is not financial advice — but a great exercise in developing strategic thinking.
📌 Remember: Managing the position is a whole different skill — one that you must learn through real-time practice and proper mentorship. But the charts today give you valuable food for thought to sharpen your edge.
Let’s stop gambling and start thinking like traders. No hype. No signals. Just structure, context, and logic.
One Love,
The FXPROFESSOR 💙
Disclosure: I am happy to be part of the Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis. Awesome broker, where the trader really comes first! 🌟🤝📈
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
🐾 TOP DOGS TEAM is LIVE! 🚀 Join the $6M KCGI 2025 battle — Signals, Charts & Coaching included.
💰 Min: $100 | 🎯 Register by July 23
🔗 fxprofessor.com/top-dogs-team
📣 Telegram: t.me/fxprofessor88
🌍 fxprofessor.com
💰 Min: $100 | 🎯 Register by July 23
🔗 fxprofessor.com/top-dogs-team
📣 Telegram: t.me/fxprofessor88
🌍 fxprofessor.com
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.