⚠️ Critical Level to Watch: $XRP and the $1.95 Support ⚠️
$XRP is currently trading near a key support level at $1.95. This level is crucial for the market structure. Here are the possible scenarios:
If the support holds: A rebound could occur, offering a buying opportunity for those looking to enter a position.
If the support breaks: This could lead to accelerated selling, with the next support levels to watch around $1.80 (technical zone) and $1.70 (psychological support).
Advice:
Be ready to react quickly in case of a breakdown.
Use stop-loss orders to protect your positions.
Wait for confirmation (a close below $1.95) before making any rushed decisions.
Stay alert and adjust your strategy based on market movements. 📉🔍
