XRP has recently made some moves again—its price has directly fallen below the key psychological level of $2.
From the 24-hour trend, this asset has been continuously declining, and the selling pressure in the market has clearly increased. You can feel that the previously bullish sentiment is gradually dissipating, and confidence is a bit lacking.
From a technical perspective, it is indeed in a weakening stage. The $2 level was originally an important support point, but now that it has been broken, a short-term rebound will be more difficult. Investors might be observing whether the price will continue to test lower levels.
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ShibaOnTheRun
· 12-14 20:50
Here we go again... We still couldn't hold the $2 mark, wish I had known about today's situation.
Looking at this trend, it probably will continue to go down, no point in expecting a rebound.
XRP really is a bit exhausting, it's always like this.
After breaking the support level, investors are just gambling on whether it can stabilize, but who really knows...
We need to wait and see how far it can drop, don't rush to buy the dip just yet.
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ForkItAllDay
· 12-14 20:44
It dropped again, and this time it really didn't hold the $2 level... Looks like it has to keep going down.
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Damn it, once support breaks, it never ends. Who dares to buy the dip now?
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Feeling like it might drop to 1.8. Don’t ask me how I know, the technicals are a mess.
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That’s why I only dare to leave it alone. Chasing highs is a game for fools.
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XRP has given me another lesson. The $2 support line just collapsed? Market sentiment is really fragile.
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With such strong selling pressure, a rebound is really difficult. Better wait a bit longer.
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What’s this, starting to tell stories again? Breaking support means things will get even worse.
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No way, dropping continuously, this pace feels really fierce.
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Better to stay on the sidelines. No one can pinpoint the bottom, no rush for now.
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ProtocolRebel
· 12-14 20:31
Did it drop again? I already said there's no rebound opportunity in this wave, we need to wait a bit longer.
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CexIsBad
· 12-14 20:25
It dropped again... can't even hold at $2, it seems this wave is really a no-go.
XRP has recently made some moves again—its price has directly fallen below the key psychological level of $2.
From the 24-hour trend, this asset has been continuously declining, and the selling pressure in the market has clearly increased. You can feel that the previously bullish sentiment is gradually dissipating, and confidence is a bit lacking.
From a technical perspective, it is indeed in a weakening stage. The $2 level was originally an important support point, but now that it has been broken, a short-term rebound will be more difficult. Investors might be observing whether the price will continue to test lower levels.