$MET
$ETH
$BNB
🚨 $XRP Market Update: Can support hold, or is a deeper correction wave approaching? 📉
XRP has faced intense selling pressure over the past 24 hours, with liquidations totaling nearly $9.57 million. Most of these losses were incurred by long-position holders as a result of sudden downward pressure.
🔍 Key indicators for the token right now:
• 📉 Weak inflows: The token is experiencing a decline in ETF inflows, alongside a notable drop in daily trading volume.
• 💵 Current price: The token is currently trading around $1.16.
🎯 Critical technical levels traders are watching now:
1️⃣ Support level ($1.15): A very critical zone. Breaking below it and closing a candle beneath it could open the way to test $1.11 or even $1.00.
2️⃣ Resistance level ($1.20): A key psychological and technical barrier. Breaking through and confirming above it is necessary to regain upward momentum and target new highs.#JobsReportRaisesHikeOdds #CPITestsDecemberRateOutlook #WillUS-IranTensionsBoostSafe-HavenDemand? #HKSFCPlansToRestrictCryptoAndExchangeTerms
$ETH
$BNB
🚨 $XRP Market Update: Can support hold, or is a deeper correction wave approaching? 📉
XRP has faced intense selling pressure over the past 24 hours, with liquidations totaling nearly $9.57 million. Most of these losses were incurred by long-position holders as a result of sudden downward pressure.
🔍 Key indicators for the token right now:
• 📉 Weak inflows: The token is experiencing a decline in ETF inflows, alongside a notable drop in daily trading volume.
• 💵 Current price: The token is currently trading around $1.16.
🎯 Critical technical levels traders are watching now:
1️⃣ Support level ($1.15): A very critical zone. Breaking below it and closing a candle beneath it could open the way to test $1.11 or even $1.00.
2️⃣ Resistance level ($1.20): A key psychological and technical barrier. Breaking through and confirming above it is necessary to regain upward momentum and target new highs.#JobsReportRaisesHikeOdds #CPITestsDecemberRateOutlook #WillUS-IranTensionsBoostSafe-HavenDemand? #HKSFCPlansToRestrictCryptoAndExchangeTerms