XRP Price Volatility! $2.3 Resistance Level Breached, Next Target is $2?! ⚠️
XRP bulls faced a setback at the key resistance level of $2.3, and market sentiment has turned bearish! Despite the ongoing dispute between Ripple and the SEC nearing its end, whale holdings reaching an all-time high, the market has entered a 'wait-and-see' mode, lacking buying enthusiasm.
📉 Weak Price Trend: After breaking through $2.1, XRP has lacked bullish momentum, and liquidation heat maps indicate a potential further decline in the short term. Both MACD and RSI suggest insufficient market momentum, and prices may continue to hover around $2.
🔮 Future Predictions: Currently, $2.15 is the critical support level; if breached, XRP may drop to the $2 psychological level, increasing liquidation pressure, and continue to fluctuate in the short term.
⚠️ Market Risks: With XRP's weak rebound, traders should remain vigilant! Market uncertainty is increasing, and whether XRP can bounce back remains to be seen.
