XRP has been under serious selling pressure.
First, $1.18 broke. Many traders started losing confidence.
Then $1.15 failed, and the price dropped as low as $1.08. Now XRP is hovering around $1.09.
While many traders are panic selling, I'm staying patient and watching the market closely.
📉 Here Is What I'm Watching:
In my analysis, the next major support zone is around $0.9862.
I don't see a particularly strong support level between the current price and that zone.
My expectation is that XRP could move below $0.9862, trigger stop-loss orders, shake out weak hands, and potentially reverse afterward.
That's why I'm not planning to enter too early.
📊 What About RSI?
The RSI (6) is currently around 29, suggesting oversold conditions.
However, being oversold doesn't automatically mean the bottom is in. Selling pressure and market fear could continue.
🎯 My Strategy:
No emotional buying.
No panic selling.
Watching the $0.9862 level closely.
Waiting for confirmation before considering an entry.
Sometimes patience is more valuable than trying to catch every dip.
Remember, the market doesn't reward impatience every time.
🔥 What's your plan for XRP?
Are you selling because of the fear, buying the dip, or waiting for a possible liquidity sweep before entering?
Let's discuss!
#XRP #Ripple #CryptoTrading #BinanceSquare #Altcoins