XRP has recently fallen faster than most expected, dropping from a high of 3.50 and now just below 2, near the lower boundary of a descending channel. This position may occasionally experience brief rebounds, but it cannot reverse the overall downtrend.

The key question is: can it maintain this support to avoid falling to 1? 1 is an important historical support zone, and long-term holders consider this a reasonable valuation. If it breaks below, a further drop is almost inevitable.

The recent increase in selling volume indicates strong selling power, and technical indicators have not shown any signs of a bottom. XRP may rebound to 2.40 to 2.60 in the short term, but as long as it does not break through the descending channel or rise above key moving averages, any rebound remains counter-trend rather than a trend reversal. $XRP $币安人生 #币安合约实盘 #鲍威尔发言 #美联储重启降息步伐