🚨 ¡$XRP IN FREE FALL! 📉 ON-CHAIN DATA REVEAL WHY $3 IS IMPOSSIBLE AND A DROP TO $1.20 IS EXPECTED! 😱
Attention, holders of #XRP ! 🚨 On-chain data confirms what many fear: XRP will not reach $3 and, worse, it could plummet to $1.20. 📉 The altcoin is trapped in a narrow range, and the decrease in network activity, the collapse of open interest (OI), and bearish technical patterns are unmistakable signs. 💔
The XRP Ledger has experienced a drastic drop in network activity, with daily new addresses and daily active addresses (DAA) well below previous peaks. 📉 XRP's OI has collapsed by 30% in a month, indicating that investors are closing positions anticipating losses. 😱
Technically, XRP is trapped below the simple moving averages (SMAs), which act as resistance. The analysis of a descending triangle suggests a potential drop of 45% to $1.20 if support at $2.00 is lost. 📉 The RSI also indicates increasing bearish momentum. Although some dream of a rebound to $10, current data paints a very grim picture. 🥶
🤔 Do you think it's time to sell and look for other opportunities? 👇💬
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