$XRP is putting our patience to the test! 📉
We just saw a quick dip to $1.39 as over $4.5 million in long positions were liquidated in the last 24 hours. This "flush" is actually healthy—it clears out the over-leveraged traders and allows the true "diamond hands" to set a new floor.
The technicals are still interesting: despite the dip, the 200-day EMA at $1.31 remains untouched, and volume is actually rising on the buy side at these lower levels. Standard Chartered still has their eyes on a $2.80 base case for later this year, so this could be the last major "buy the dip" opportunity before the May catalysts.
Are you panicking or packing your bags? 👇