$XRP

đž
XRPUSDT
Perp
2.5484
+12.4%
đš XRP: âDonât Buy Anymore,â Analyst Warns
$XRP â Analyst Steph Is Crypto (@Steph_iscrypto) warns that XRP could face a major downturn if it remains below the 200-week simple moving average (SMA) â a key long-term support line.
đ Why It Matters:
In 2018 and 2021, XRP closed multiple weeks below this level, triggering drops of 81% and 66%, respectively. XRP has now fallen below the same line again.
đ„ Possible Outcomes:
81% decline â around $0.43
66% decline â around $0.78
â ïž Steph cautions: âDo not buy XRP if we see multiple weekly closes below the 200-week SMA.â
đ Short-Term Relief:
XRP is up 4% in the last 24 hours, showing some buyer strength. But unless it reclaims the 200-week SMA soon, the bearish trend could deepen.
đ Investors are urged to watch weekly closes closely before making new moves.
#BinanceHODLerSAPIEN #ADPJobsSurge #PrivacyCoinSurge #TrumpTariffs