🚨 BIG QUESTION: Could
$XRP drop to $1?
A bearish pennant is forming on the chart - a pattern that often signals further downside after a short consolidation.
📉 XRP is trading around $1.30 and showing weakness:
— lower highs
— declining volume
— weak bounces
The key level is $1 - a strong psychological support. If price breaks the $1.20– 1.25 zone, a move toward $1 becomes much more likely.
Indicators also remain bearish:
— MACD is negative
— trend is weak with no clear signs of reversal
💬 The current consolidation may just be a pause before another drop. The next few days could be crucial for
$XRP , DYOR 📊
2
9
2
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