$PENG has ripped from the $56.63 low and built a strong bullish structure with higher highs + higher lows. Now price is pressing the key $70.63 resistance.
🎯 Break $70.63 → $72 next 🚀 Momentum continues → $74 possible
🚨 $XRP JUST GOT SLAMMED — AND THE CHART IS FLASHING WARNING SIGNS. 📉
$XRP just plunged from the $1.48 area to a low of $1.4316, accompanied by a massive volume spike. 👀
Here’s what traders are watching:
🔻 $1.49 support broke 📊 Selling volume exploded ⚠️ Price was already trading below MA(7), MA(25) & MA(99) 💥 The sharp move may have triggered leveraged liquidations, accelerating the dump
Now the BIG question:
👉 Will $1.43–$1.44 hold?
If bulls can reclaim $1.49 with strong volume, the breakdown could turn into a nasty bear trap.
But if $1.43 fails… things could get even uglier. 🩸
Don’t chase the volatility. Wait for confirmation.