📉 $XRP
Update: Heavy Sell-Off Hits Critical Support! 📉
The market just witnessed a sharp flush as $XRP cascaded into the $1.52 – $1.55 zone. While we are seeing a long lower wick—signaling that buyers are stepping in to defend the level—the bears still hold the steering wheel for now. 🛑
🔍 The Technical Breakdown
The immediate focus is on whether the bulls can flip this "defense" into a "recovery." Here is your roadmap for the coming hours:
⚠️ Key Support Levels (Watch Closely):
$1.52: The immediate line in the sand.
$1.45: Secondary support if the flush continues.
$1.32: Major downside pocket if panic sets in.
🚀 Resistance Levels (The Road to Recovery):
$1.62: First hurdle for a relief bounce.
$1.70: Mid-range target.
$1.85: Major breakout confirmation.
💡 Market Outlook
As long as XRP holds above $1.52, a relief bounce toward $1.62 – $1.70 remains on the table. However, a decisive close below that level could open the trapdoor to lower targets very quickly. Stay sharp and manage your risk!
Written by: Nabiha Noor ✍️
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