🆘 As bearish pressure intensifies, XRP may fall below $2 📉
Currently, XRP is experiencing sustained bearish pressure due to a descending triangle pattern, significantly increasing the risk of its price breaking below the $2 support level.
According to relevant data, XRP whales have sold off 350 million tokens, amounting to as much as $746 million, which has greatly undermined market stability and heightened concerns about its decline.
From a technical indicator perspective, the trading price has fallen below the 20-day EMA, further confirming the market's bearish sentiment. This means that once the $2 support level is breached, XRP's price is very likely to slide down to $1.88, and there is even a possibility it could drop to $1.34, so investors should remain highly vigilant.
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