📉 $XRP – Beginning of Gains or More Pain? 🧐
After a brutal weekend dump across the market, $XRP plunged from $2.1450 to a low of $1.9083. The big question: is this just another shakeout or the start of a deeper drop?
🟩 Key Support Zone:
We're now sitting at a major discount zone – a level where XRP has historically reversed hard to the upside. Yesterday’s bounce from the $1.90 low to close the daily at $2.0172 is an early signal bulls are trying to defend.
🧠 Watch This Level:
The $2 psychological mark is now crucial. A daily close above or near $2 means bulls still have strength. Fail to hold this zone, and we’re likely headed to the 0.786 Fib at $1.8350 or even lower.
⚠️ Geopolitical Risk Alert:
With escalating tensions between Iran & Israel, volatility can spike any moment. Stay cautious. Expect anything.
🎯 Stay sharp. Don’t chase. Let the market confirm.
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