XRP / TetherUS
Short

XRP 2025.05.06

118
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📉 [XRP Short-Term Bearish Outlook & Short Strategy Proposal]

XRP appears poised for a potential short-term decline. From a technical standpoint, a Crab harmonic pattern has completed—commonly seen as a signal for a bearish reversal.

Based on this pattern, we’ve identified the following short-side price targets:

Target 1: 2.04

Target 2: 1.97

The Crab pattern is known for marking strong reversal zones near the highs. In this case, XRP is trading directly within the Potential Reversal Zone (PRZ), making this a technically justified entry point for a short position.

As with any trading strategy, risk is inherent. It's crucial to define clear stop-loss levels and remain flexible to price action as the setup unfolds.

This is a time that calls for precision over boldness. Let the pattern do the work—a disciplined, technical approach is your best edge in managing risk.

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