$XRP
📊 Support Level XRP Must Maintain to Remain Bullish 📊
At the moment, XRP is trading at the $2 level, which serves as a support and neckline for this potential Head and Shoulders breakdown. According to Steph, this level is key in determining whether the pattern will play out and lead to further downside movement.
Steph noted that if XRP loses the $2 support level, it could signal a further decline. However, he also pointed out that, before taking a definitive stance, a daily—and ideally a weekly—candle close below the $2 mark is necessary to confirm the bearish outlook.
Notably, XRP touched $1.92 today before swiftly rebounding to $2.14 at press time, avoiding a close below $2. Still, the danger is not over yet.
#xrp #BinanceAlphaAlert #MarketPullback #StablecoinGoldRush #CryptoMarketWatch
