🚨 $XRP Dipping Hard Amid SEC Drama... Is This the Buy Signal We've Been Waiting For?👀
XRP is catching heat again price slipped 3% to around $2.87, showing strong volume spikes and an RSI dipping to the 35–50 zone a range that often hints at oversold conditions before a bounce. Technical charts show EMAs pressing down from above, keeping things short-term bearish, but surging open interest suggests big players might be loading up quietly for the next move.
Bullish Case:
Retail FUD is peaking the highest in six months, and historically, that’s when smart money starts scooping cheap XRP. Analysts are still optimistic about an XRP ETF approval once the U.S. government reopens, with targets around $5–$10 if institutional inflows hit.
Bearish Case:
The government shutdown has effectively stalled SEC operations, delaying ETF approvals and weighing on sentiment. Combined with $500M in liquidations and market-wide jitters, XRP could retest $2.80 or lower if the sell pressure continues.
Outlook:
If $2.85 support holds with solid volume, expect a rebound toward $3.00–$3.10, but a clean breakdown might trigger another leg down. The next catalyst? All eyes on ETF news one headline could flip the whole setup bullish again.
