⚠ $XRP Alert: Bear Flag Breakdown Targets $1.60!
📉 Bearish signals flashing:
• Broken support trendline
• 26% downside risk to $1.60
• Whale exits + $172M sell volume (highest since May)
📊 Key metrics worry:
→ 90-day MVRV at 31% (overbought)
→ Trading volume down 34%
💡 Silver lining:
MFI rising to 56 (possible bear trap)
RLUSD growth could help if GENIUS Act passes
🔍 Levels to watch:
Support: $2.00
Breakdown target: $1.60-$1.63
Reversal signal: $2.18+
Is this a buying dip or start of deeper correction?
