$XRP Hits New All-Time High, but Correction Likely
XRP has reached a new ATH of $2.18, but this rapid surge has liquidated many positions at higher levels. A mid-term correction to around $1.90 seems probable due to:
1️⃣ Fair Value Gaps: XRP has left gaps in its price movement around $1.80-$1.90, which the market may revisit.
2️⃣ Balanced Market Dynamics: Prices rarely move in one direction; both buyers and sellers influence market momentum.
3️⃣ Futures Market Activity: With high trading volumes and leveraged positions, a correction may liquidate long positions near $1.90.
Stay cautious and keep an eye on the XRP chart. Corrections can offer opportunities for better entries or exits!
