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🚨$XRP Getting Crushed: Weekly Chart Breakdown



$XRP is taking a beating right now, down over 7% in the last 24 hours to $2.317. Let me show you what's happening.

What the Chart Tells Us:

The weekly view shows XRP got rejected hard from the $3.66 high and has now broken below a critical support level at $2.82 (the middle Bollinger Band). This is a major red flag that sellers are in control.

The RSI at 32.4 is diving into oversold territory—meaning the selling pressure is intense and relentless. This is why we're seeing such a sharp drop.

Volume confirms it: heavy red bars show real selling, not just a minor pullback.

Where's XRP Headed?

The next stop looks like $2.17 (lower Bollinger Band). If that breaks, things could get uglier. The path of least resistance right now is definitely down.

Any Hope?

Here's the thing: when assets get this oversold and hit major support levels, smart long-term buyers start paying attention. These deep dips can create buying opportunities—but only if you're patient and thinking months ahead, not days.

Quick Stats:
- Current: $2.317 (-7.13%)
- 24h High: $2.526
- 24h Low: $2.245
- Volume: 79.62M XRP

Right now, caution is key. XRP needs to reclaim $2.82 to show any signs of recovery.

#XRP #Crypto #TechnicalAnalysis #GateIo #GovShutdownOfficiallyEnded
XRP-3.37%
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