🚨 $XRP Crashes Below $3 — Panic Time or Smart Profit-Taking?
Well, that escalated quickly. $XRP just dipped below the $3 mark after failing to punch through key resistance. 📉 But hold up—before you hit the panic button, let’s look at what’s really going on.
This move has all the signs of strategic profit-taking by whales, not blind fear. The RSI is sitting at 29, which means we’re deep in oversold territory. Pair that with a rapidly falling OBV, and it’s clear: sellers are running the show while buyers are missing in action.
If demand doesn’t return soon, we could be staring down a test of $XRP 2.90—or worse.
Zoom in on Binance’s liquidation map, and you'll see what triggered this: a huge cluster of long positions wiped out around $3.20. Classic bull trap.
And here’s the kicker—on-chain data flagged a surge in exchange inflows just before the drop. Big wallets clearly saw this coming and jumped ship early.
So, was this a temporary correction or the start of a bigger slide?
👉 Your thoughts? Smart money exit or just another FUD wave? Let’s hear your take below. 👇
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