Technical analysis by VWCE_AND_CHILL about Symbol XRP: Sell recommendation (10/23/2025)

I opened it on the second top. Bulls were stopped and I saw an opportunity to enter into a short. My reasoning after 10/10 Panic sell there is no way of going back up to the same price a lot of people gave up on crypto. NYSE margin dept 2 year change is above 65%. Look it up what happens when it gets to that. So my logic is SP500 will start dropping soon crypto will follow. White lines are support and resistances which had 2 or more bounces from it. My goal is for XRP to drop to 2.00 or more. I will be watching that area and deciding how to trade forward. I am watching 4h chart and 5 minute chart how it moves and for the last few days all is going according to the plan.2.49 is a good point to enter if it fails to break it on a 4hour candle. I am still holding.Short term target is 2.32 and SL is if 4h candle closes above 2.49