🔻 $XRP under pressure – what is happening?
In recent days, #XRP has dropped by more than 20%, currently hovering around $2.11.
Here are the key reasons for this movement:
1. Technical formation Head & Shoulders – possible drop even to $1.20
2. Regulatory uncertainty – no progress in the Ripple vs SEC case
3. Activity of 'whales' – large XRP transfers to exchanges
4. Decrease in trading activity and volumes
5. Global macroeconomic pressure, trade tensions, and possible recession in the USA
Key support level: $2.20 – if it breaks, it could go deeper...
Stay alert – the market does not forgive lack of reaction.
#BinanceFeed #crypto #XRPArmy #Ripple #technicalanalysis #altcoins #declines #HODL
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