$XRP just lost $1.25, and now it's down about 19% in a week to $1.05. The RSI is at 24, deeply oversold. Is $1 the last line? 🚨
Price is around $1.05 to $1.07, about 71% below its all-time high of $3.66, and it's trading under its 7-day, 30-day and 200-day averages. Spot XRP ETFs saw more than $18M in outflows early this week, and the Fear and Greed Index sits at 27. 👀
Levels I'm watching:
🟣 $1.25: lost floor, the big ceiling now
🔴 $1.13: resistance zone, clear it to confirm a rebound
🟢 $1.04: swing low, bulls must hold it
⚠️ Lose $1.00 and $0.986 is next, then $0.80
Prediction markets now give about 67% odds that XRP trades below $1.00 at some point in November. An oversold reading can bring a bounce, but I want proof, not hope.
My plan: no catching the knife. I want a daily close above $1.13 before I get bullish, and I'm stepping aside if $1.00 breaks.
Bounce or breakdown? 👇
#XRP #Ripple #Crypto #cryptotrading #altcoins @Wise Analyze @BitEagle News @Ismeidy