🚨 $XRP continues to trade under pressure, and the downside structure still looks incomplete to me.
Even after a significant decline from earlier levels, the chart hasn't shown enough evidence that the correction phase is over.
📊 Levels I'm watching closely:
🔹 The $1.07 area was an important support, but that floor has now been lost.
🔹 If price remains trapped below it, sellers could maintain control in the short term.
🔹 The next notable liquidity pocket sits near $0.91, where market participants may look for a reaction.
Potential downside scenarios:
🎯 Conservative target zone: around $0.55
🎯 Extreme bearish scenario: near $0.12
What would change the outlook?
✅ A strong move back above $1.18
✅ Follow-through buying and sustained acceptance above that level
✅ Signs that demand is returning instead of short-term relief bounces
Until the market proves otherwise, capital preservation and patience may be more important than chasing rebounds.
#XRP #Ripple #CryptoTrading #Altcoins #BinanceSquare $AIN $BEAT
Even after a significant decline from earlier levels, the chart hasn't shown enough evidence that the correction phase is over.
📊 Levels I'm watching closely:
🔹 The $1.07 area was an important support, but that floor has now been lost.
🔹 If price remains trapped below it, sellers could maintain control in the short term.
🔹 The next notable liquidity pocket sits near $0.91, where market participants may look for a reaction.
Potential downside scenarios:
🎯 Conservative target zone: around $0.55
🎯 Extreme bearish scenario: near $0.12
What would change the outlook?
✅ A strong move back above $1.18
✅ Follow-through buying and sustained acceptance above that level
✅ Signs that demand is returning instead of short-term relief bounces
Until the market proves otherwise, capital preservation and patience may be more important than chasing rebounds.
#XRP #Ripple #CryptoTrading #Altcoins #BinanceSquare $AIN $BEAT