🚨 A CRYPTO $XRP BELOW US$ 2.00 📉 THE END OF THE RALLY OR THE OPPORTUNITY OF A LIFETIME❓🍀🚀
The cryptocurrency market doesn't take a break😬 After a meteoric rise that made the army of #Ripple dream of new all-time highs, the #Xrp🔥🔥 fell below the psychological barrier of US$ 2.00. 📉
But what is really happening behind the scenes?
Is it manipulation, profit-taking, or something more serious?
Let's get straight to the point.🧵👇
🔍 WHAT CAUSED THE RETREAT?
It wasn't just a "slip." Three main factors weighed on the chart.
Massive Profit-Taking: After double-digit gains in just a few days, the "whales" began to take profits.
It's the natural movement of "selling on the news."
Cascade Liquidations: With the drop, thousands of leveraged trader positions were liquidated, forcing the price even lower.
Residual Regulatory Uncertainty: Even with optimism about the new political landscape in the U.S., the market is still digesting the SEC's next steps and the real impact on Ripple Labs.
💡 DISGUISED OPPORTUNITY?
Historically, broken supports can become resistances, but for many analysts, the level below US$ 2.00 is an interesting accumulation zone for those who missed the initial train. The
RSI (Relative Strength Index) is signaling that the asset is coming out of the overbought zone, which could provide momentum for a new bounce.
📈 WHAT TO EXPECT NOW?
Critical Support: Keep a close eye on the US$ 1.80 - US$ 1.85 region. If it holds there, the path to test US$ 2.50 remains open.
Downward Scenario: If it loses US$ 1.75, panic could spread.
The question that won't go away: Are you buying the "dip" or do you think the #xrp still has a long way to fall? 🤔
Is the XRP army still strong or has the party ended?
Leave your opinion in the comments! 👇
@Leandro-Fumao Remember ⚠️ This is an informative and educational analysis. Always do your own research before investing. Cryptocurrencies
