🚨 $XRP P/USDT Analysis – Time to Buy the Dip? Or Watch it Slip? 🚨
Hey #BinanceSquare fam 👋💖 Let's dig into the charts and dissect whether this $XRP drop is an opportunity or a trap. Here’s the lowdown on $XRP P, now hovering around $1.9409 after a sharp -8.14% fall. 📉💔
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📊 1D Chart Breakdown
1. Trend:
🔻 Downtrend intact with a series of lower highs and lower lows.
🔻 Key supports have been demolished:
$2.53 → $2.37 → $2.20
2. Critical Zone in Play:
Price is testing $1.9246, a major historical support.
A break below this could push XRP toward $1.8880 or worse.
3. Volume:
Heavy sell-side pressure dominates, signaling weak buyer interest.