MIDOULINE
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#MuskAmericaParty It is possible to reach 1.8 or less
Yes, technically, it is possible for the price of XRP to reach 1.8000, but this depends on the fulfillment of several important technical and market conditions. Here is a detailed analysis:
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✅ What supports the possibility of reaching 1.8000:
1. Breaking support at 2.0080 and 2.0000:
If the price closes below 2.0000 with a strong candle, this is considered a break of a very important psychological level, opening the way for a wider decline.
2. Absence of strong buying demand:
So far, there are no significant buying signals in the price movement, indicating the possibility of continued selling.
3. Selling momentum continues:
The candles are consecutively red, and the price decline is steep, indicating real selling pressure from large wallets.
4. Temporal and wave analysis (market behavior):
If this decline is part of a larger corrective wave (like an ABC wave or a drop after failing to break a peak), the target may extend to the 1.9000 areas and then to 1.8000.
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🔻 When does reaching 1.8000 become likely?
When breaking 1.9850 first (which is considered a medium-term target).
Then continuing to trade below 1.9500 without strong bounces.
Negative news in the market or a decline in BTC/USDT is preferred to support the overall bearish trend.
Yes, technically, it is possible for the price of XRP to reach 1.8000, but this depends on the fulfillment of several important technical and market conditions. Here is a detailed analysis:
---
✅ What supports the possibility of reaching 1.8000:
1. Breaking support at 2.0080 and 2.0000:
If the price closes below 2.0000 with a strong candle, this is considered a break of a very important psychological level, opening the way for a wider decline.
2. Absence of strong buying demand:
So far, there are no significant buying signals in the price movement, indicating the possibility of continued selling.
3. Selling momentum continues:
The candles are consecutively red, and the price decline is steep, indicating real selling pressure from large wallets.
4. Temporal and wave analysis (market behavior):
If this decline is part of a larger corrective wave (like an ABC wave or a drop after failing to break a peak), the target may extend to the 1.9000 areas and then to 1.8000.
---
🔻 When does reaching 1.8000 become likely?
When breaking 1.9850 first (which is considered a medium-term target).
Then continuing to trade below 1.9500 without strong bounces.
Negative news in the market or a decline in BTC/USDT is preferred to support the overall bearish trend.
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