2026-06-18 09:54 UTC
Scenario evidence 5 markers Open evidence Close evidence
Price reached a high of 1.29338 but failed to sustain above, indicating a failed breakout.
Evidence The candle on 2026-06-14 had a large upper wick and closed below the high, suggesting rejection.
The candle closed below the previous day's low, confirming the breakdown.
Evidence The close on 2026-06-15 was below the low of 2026-06-14, indicating selling pressure.
Price is attempting to find support after the breakdown.
Evidence The candle on 2026-06-16 shows a lower wick, indicating buying interest at lower levels.
High volume on the failed breakout day suggests a climax and potential reversal.
Evidence Volume on 2026-06-14 was significantly higher than the 20-day average.
Increased volume on retracement suggests active participation at current levels.
Evidence Volume on 2026-06-16 is above the 20-day average, indicating interest.
Transaction ticket SHORT Open ticket Close ticket
- Entry
- 1.18530
- Current
- 1.18530
- SL
- 1.23740
- TP
- 1.16950
XRPUSD is retracing after a failed breakout attempt, with price currently testing support near recent lows.
OPEN SHORT
Initiating a short position due to bearish signals from a failed breakout and subsequent breakdown.
Price
1.18530
PnL
0.00%
Side
SHORT
Initiating a short position due to bearish signals from a failed breakout and subsequent breakdown.
OPEN SHORT
Initiating a short position due to bearish signals from a failed breakout and subsequent breakdown.
The technical analysis indicates a bearish sentiment following a failed breakout attempt and a confirmed breakdown. The price is currently retracing but remains below key resistance levels, suggesting further downside potential.
Stop loss set above the breakdown level to protect against a reversal.
- Failed breakout on 2026-06-14 with a high of 1.29338, followed by a breakdown on 2026-06-15.
- The close on 2026-06-15 was below the low of 2026-06-14, confirming selling pressure.
- The latest candle on 2026-06-16 shows a retracement with increased volume, indicating active selling interest.
Monitor if support holds near recent lows or if further downside ensues.




