🚨 $XRP Flash Dip – Is This the Last Cheap Entry? 🚨
XRP just slid to $2.78 (-7.55%), triggering panic across the market — but smart money might be seeing this as a gift. The sell-off looks like heavy profit-taking after the recent parabolic run, smashing through short-term EMAs while RSI(7) dives into deep oversold territory at 22.6.
📉 Why the dip?
• Momentum cool-off after the explosive rally to $3.66
• Short-term traders cashing out
• Market-wide sentiment turning defensive
🔥 Why this could be a loading zone:
• RSI screaming oversold = bargain territory for dip buyers
• Price approaching strong support near $2.74 – $2.59
• Last time RSI was this low, XRP ripped back fast
If XRP holds above $2.74, a snapback toward $3+ could be on the cards quickly. DYOR
Weak hands panic. Strong hands load.
