๐จ XRP Nears Key $2 Support โ Market Watch Alert! ๐จ
XRP is currently trading around $2.12, edging dangerously close to the $2 resistance level โ a key psychological and technical barrier for traders. The token is down 4% in the past 24 hours, with market volatility weighing on sentiment.
๐ Key Metrics:
๐ 24-hour trading volume up 80%, hitting $2.97B
๐ Derivatives volume up 70%
๐ฝ Open interest down 3.7%, suggesting traders are exiting long positions
These shifts indicate significant market uncertainty, but could short-term catalysts trigger a bounce from this critical zone?
๐ Or will bears push XRP below $2?
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