📉📈How far will XRP fall? Key supports at play?

The loss of critical support at $3.00 has raised alarms among technical analysts, and the bearish scenario is already clearly taking shape.

📉 How far can XRP fall?

According to recent analysis:

• 🔻 Support lost: $XRP broke the $3.00 level, currently trading near $2.97, representing a drop of over 11% from its recent high of $3.35.

• 📉 Next key levels:

• Intermediate support: $2.60

• Psychological threshold: $2.00

• Additional critical support: $2.20 — if lost, it could fall to $1.60

• 📊 Technical indicators: The 50 and 100-day EMA bands show bearish signals. Historically, breaking these bands has implied corrections of up to 30%.

🔥 Factors exacerbating the fall

• High correlation with BTC, which also corrected from its ATH.

• Extreme volatility: over $465 million liquidated in the crypto market this weekend.

• Lack of momentum since #Binance , although there are inflows in other exchanges like Coinbase and Bitstamp.

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