$XRP just hit an 11-week low. 📉
Down over 9% in 24 hours (CryptoPotato), dragged by the Nasdaq's 5.5% drop and over $1B in crypto liquidations.
Latest price on the chart: about $1.1975, -4.66% over the last 72h.
XRP fell harder than most majors, which says leverage was stacked on the long side. The 72h trend is the one to watch: a bounce that fails at the recent breakdown level would keep sellers in control.
Where does XRP close the week: above or below $1.20?
Not financial advice.
#XRP #Crypto #Liquidations #BinanceSquare
Down over 9% in 24 hours (CryptoPotato), dragged by the Nasdaq's 5.5% drop and over $1B in crypto liquidations.
Latest price on the chart: about $1.1975, -4.66% over the last 72h.
XRP fell harder than most majors, which says leverage was stacked on the long side. The 72h trend is the one to watch: a bounce that fails at the recent breakdown level would keep sellers in control.
Where does XRP close the week: above or below $1.20?
Not financial advice.
#XRP #Crypto #Liquidations #BinanceSquare
