XRP just lost $1 — and it wasn't even close.
Spot $XRP is trading around $0.906, down ~10% today after tagging a $0.893 low. The $1 level that held all week is gone. XRP is now -15% this week and -25% this month.
Levels that matter now:
• Support: $0.89 (today's low), then $0.85
• Resistance: $1.00 — the level it has to win back first, then $1.01
Context: the whole market lost ~$230B in a day, total crypto cap down to ~$2.15T, and $2.05B in liquidations hit — 93% of them longs. US spot Bitcoin ETFs have now bled $2.35B in two weeks.
Verdict: spot buyers are watching $0.89. If it holds, a bounce back toward $1 is on the table. If it breaks, $0.85 is next. No catching knives with size.
Not financial advice. DYOR.
#XRP #Crypto #Altcoins
Spot $XRP is trading around $0.906, down ~10% today after tagging a $0.893 low. The $1 level that held all week is gone. XRP is now -15% this week and -25% this month.
Levels that matter now:
• Support: $0.89 (today's low), then $0.85
• Resistance: $1.00 — the level it has to win back first, then $1.01
Context: the whole market lost ~$230B in a day, total crypto cap down to ~$2.15T, and $2.05B in liquidations hit — 93% of them longs. US spot Bitcoin ETFs have now bled $2.35B in two weeks.
Verdict: spot buyers are watching $0.89. If it holds, a bounce back toward $1 is on the table. If it breaks, $0.85 is next. No catching knives with size.
Not financial advice. DYOR.
#XRP #Crypto #Altcoins