🚨 XRP: Is now the right time to buy? Proceed with caution!
Buying XRP right now could be risky — here’s why:
🔻 Current Situation:
1. The price keeps falling — it has already dropped to $2.17 with no clear signs of reversal.
2. Massive liquidations — $30 million wiped out, mostly from long (buy) positions.
3. Bearish technical signals:
• MACD indicates a sell.
• RSI is near the oversold zone — which could signal either a bounce or further decline.
4. Despite “soft” inflation data, market sentiment remains uneasy due to potential trade tariffs.
💡 What This Means:
• The price could fall to $2.07 or even $1.80.
• Buying without a clear reversal signal = going against the trend.
🟡 What You Can Do Now:
• Watch the $2.00 level — if XRP stabilizes and starts to rise from there, it could signal a good entry point.
• Long-term investors may consider a partial buy — but only with the understanding that further drops are possible.
📉 Sometimes it’s better to wait than rush. The market will reveal itself — stay calm and observant.