XRP Bull Market Dream Shattered, Bears Bloodbath the Bulls!
This time XRP really took a big tumble! Just when the price plummeted, someone was forcibly liquidated of over 9,000 long positions near $2.3, which was quite shocking to see.
XRP's drop this time was too severe, many who were previously bullish were left dumbfounded, having to accept losses and exit. This clearly shows that the power of the bears is getting stronger and if buyers don't act quickly, the price will continue to fall.
Now, the $2.3 level has become the key to whether XRP can stop its decline. If it can't hold this level, it will have to continue to probe lower.
And $2.2 is the last line of defense for the bulls. The bulls must defend this price level at all costs, or the losses could be significant.
In this drop, trading volume also surged, and market volatility has been intense. It’s clear that sellers are starting to take control of the situation.
If XRP really breaks below $2.2, then it might head towards $2.1 or even lower.
If the $2.2 level cannot be held, XRP could fall even further. We must keep a close eye on market dynamics, adjust our strategies in time, and avoid getting trapped!
Recently, I plan to position myself in a potential coin that is ready to explode; doubling my investment should be quite simple, and a projected return of over 10 times is not a problem. If you want to follow along, just point your little icon and pay attention to me for free sharing!
