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Technical analysis by ScramblerG about Symbol XRP: Sell recommendation (8/29/2025)

https://sahmeto.com/message/3740637
ScramblerG
ScramblerG
Rank: 2654
2.1
Sell،Technical،ScramblerG

XRP recently broke below its key trendline and has now retested the level, showing rejection — a strong bearish continuation signal. Structure Breakdown of the ascending trendline Retest rejection confirms selling pressure Supports stacked below at key levels Trade Plan Entry: After rejection near the trendline retest Stop Loss: Above broken trendline Targets: 0.3540 → 0.3422 → 0.3310 → 0.3240 Bias Bearish unless XRP reclaims the trendline with a strong close. If reclaimed, the short setup is invalid. Trading Insight This is a classic breakdown + retest setup, often signaling continuation to lower support zones. Manage risk with SL. DYOR | Not Financial Advice

Translated from: English
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Signal Type: Sell
Time Frame:
4 hours
Price at Publish Time:
$2.87
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