$XRP

⚠️ XRP broke through the moving average on June 9, and it was initially thought that the bulls could make a strong rebound. However, the price opened high and ended up falling, and the bulls couldn't maintain the momentum……

📉 By June 11, it started to turn downwards, and the price is now approaching a key support level—2 dollars, which is no joke!

🎯 Two possibilities: a glimmer of hope or a direct plunge!

❌ Bearish scenario:

If it breaks below 2 dollars and cannot regain it, then it could be troublesome! Market sentiment may quickly turn bearish, and XRP could potentially drop all the way to 1.61 dollars or even 1.28 dollars, it's practically a “sliding mode.”

✅ Bullish scenario:

But if XRP can make a strong rebound at 2 dollars and break through the moving average again, that would indicate that the price is still within a range and not likely to collapse quickly, and instead, it could continue to fluctuate up and down.