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esmeralda
@esmeralda
Is XRP price going to crash again? XRP has declined 22.25% over the past month, dropping to $2.26 from a peak of $2.90, driven by profit-taking, strong U.S. economic data, and a hawkish Fed stance. A symmetrical triangle pattern on the daily chart suggests potential for a 40% decline to $1.36 if bearish momentum continues, though a breakout above $2.18 could target $3.46. Large investor sell-offs further pressure the market. Key support at $1.98 aligns with Fibonacci levels, while overbought RSI signals risk of further correction. Holding above $1.98 increases chances of a rebound toward $3, with $2.15–$2.20 as a critical decision zone.
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