📉 XRP Faces Major Pullback! Key Levels to Watch 🚨

XRP's bullish run cools off as profit-taking kicks in! Here's what you need to know:

🔹 Pullback Stats: XRP hit a high of $2.90 on Dec 3 but has since dropped to a low of $1.90, marking a 20% correction.

🔹 Key Support Levels: Fibonacci retracement suggests potential support between $1.41 - $1.69.

🔹 Current Price: Trading at $2.31, investors remain optimistic about a bounce.

🔹 Market Sentiment:

Spot inflows peaked at 177M XRP on Dec 1 but have dropped to 11M XRP by Dec 10.

Derivatives funding rates turned negative on Dec 11, signaling growing short positions.

🧐 What's Next?

Keep an eye on market volatility and any demand-inducing news. Bulls could stage a comeback if demand spikes!

💬 #XRPCommunity: Do you see XRP reclaiming $2.90 or diving further? Share your thoughts below! 👇

#CryptoNewsCommunity #Ripple💰 #BinanceSquareFamily #XRPPrice #Write2Earn!