$XRP Faces Major Setback! 💥
A massive long liquidation of $468,000 at $2.357 has sent shockwaves through the market, with bulls taking a heavy blow as prices retreat.
What Does This Mean for $XRP?
Support Zone: Immediate support near $2.30; breaking below this could bring prices down to $2.20.
Resistance Ahead: Bears need to hold below $2.40 to maintain control; a push above this level could reverse the trend.
Momentum Shift: Bearish pressure dominates, but a sharp recovery could emerge if market sentiment changes quickly.
Is $XRP heading for further declines, or is a bounce on the horizon? Keep a close eye on the support levels to gauge the next move!
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