⚠️ $XRP Faces Potential 40% Slide if Key Support Breaks
Bearish pattern alert: XRP’s breakdown in the XRP/ETH ratio is similar to a bearish rounding top, potentially leading to a 40% crash—targeting the $1.63 zone .
MVRV & technicals warn: Elevated 90‑day MVRV suggests a local peak, and other indicators point to further downside pressure .
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📉 Drivers Behind the Drop
Support zones under fire: XRP plunged below the $2.10–$2.26 band and could drop to $1.63 if it fails to reclaim that range .
Head & Shoulders pattern: A bearish H&S setup may target a move toward $1.07 if confirmed .
Weak coordination with ETH: As XRP weakens versus Ethereum, rotating capital could amplify downward momentum .
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🧩 Summary Outlook
Worst-case: A ~40% drop toward the $1.63 level if bearish setups play out.
Mid-case: A 20–26% fall to the $1.60–$1.80 range based on MVRV and inverted-cup patterns .
Clearing range: Regaining ground above $2.10–$2.26 would ease bearish pressure significantly.
✅ Next Moves
Watch support area around $2.10–$2.26—critical for XRP’s short-term fate.
Leverage pattern signals: A confirmed H&S breakdown increases the odds of a deeper slide.
Monitor MVRV for entry points—overheating zones can pinpoint tops and allow better timing for re-entry.