$XRP XRP just lost its grip on the $2 level, slipping as low as $1.797 before entering consolidation mode. The question now isn’t just how low can it go—but whether this is the early stage of a structural breakdown, or just a textbook liquidity flush before another leg up.
📉 Key Levels to Watch:
Resistance at $1.880 (23.6% Fib) and $1.950
Bullish breakout only confirmed above $2.050–$2.120
Major support sits at $1.80 and $1.7650
Breakdown below $1.7650 = possible freefall toward $1.72 or even $1.65
🔍 TA Summary:
Hourly RSI < 50 → bearish momentum in control
MACD also sliding deeper into red territory
100-hour SMA now acting as dynamic resistance
🤔 What It Means:
If XRP can’t reclaim $1.880 soon, the market could be prepping for another flush
But if bulls pull off a recovery rally past $1.950, we might be looking at a stealthy re-accumulation zone instead of a breakdown
Is this the start of capitulation—or are the whales just shaking the tree to grab more fruit?
Eyes on $1.7650. Below that? Things get spicy. 🌶