📰 NEWS: $XRP under heavy #selling
Elliptic reports the Oct 29 Binance #Hacker has offloaded ~172M XRP since Nov 5, mostly swapped into $BTC via THORChain. About 62M XRP remain in their wallets 👀
📉 XRP: $1.10, down ~16% since Nov 5
📊 RSI near 26 (oversold), below all major EMAs
🎯 Support: $1.00 | Resistance: $1.16
🐻 My view: BEARISH short term. Remaining stolen XRP could add pressure, and a break under $1 could speed it up. Oversold can bounce, but reclaim $1.16 first 🐂
💬 Will $1 hold? Comment below 👇
#CPITestsDecemberRateOutlook
Elliptic reports the Oct 29 Binance #Hacker has offloaded ~172M XRP since Nov 5, mostly swapped into $BTC via THORChain. About 62M XRP remain in their wallets 👀
📉 XRP: $1.10, down ~16% since Nov 5
📊 RSI near 26 (oversold), below all major EMAs
🎯 Support: $1.00 | Resistance: $1.16
🐻 My view: BEARISH short term. Remaining stolen XRP could add pressure, and a break under $1 could speed it up. Oversold can bounce, but reclaim $1.16 first 🐂
💬 Will $1 hold? Comment below 👇
#CPITestsDecemberRateOutlook
