$XRP
/USDT – Sharp Drop to $1.61, Now Attempting Recovery at $1.90
XRP saw a steep fall to $1.6134, followed by a quick bounce back to $1.9095 (+0.51%), as buyers stepped in near key historical support.
24H Overview:
High: $1.9750
Low: $1.8378
Volume: 642.37M USDT
Key Levels:
Resistance: $2.15
Support: $1.61
Breakdown Point: $1.85
Market Insight:
Strong volatility with a deep wick signals stop hunts or mass liquidations
Still in a lower-high structure unless it reclaims above $2.15
Volume remains high, suggesting ongoing battle between bulls and bears
Outlook:
Short-Term: Neutral-bullish above $1.85
Mid-Term: Bullish confirmation if $2.15 breaks
Sentiment: Cautious optimism as buyers test recovery
Pro Tip: Use $1.84 as invalidation level; current setup favors scalps with tight stops until trend clarity forms.
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