Just caught a video from Steph Is Crypto breaking down something important about XRP's technical setup right now. He's pointing out that if XRP keeps trading below the 200-week simple moving average, we could be looking at serious trouble ahead. The guy referenced two past instances where this exact pattern played out badly - back in 2018 it tanked 81.13%, and again in 2021 it dropped 66.06%. Pretty sobering stuff if history repeats. With XRP sitting around $1.32 currently, those kinds of declines would put us at $0.25 or $0.45 range. Steph Is Crypto's main takeaway is don't catch this knife if it keeps closing below that key level. That said, there's been some short-term buying interest - XRP moved up slightly in the last day, so traders are still showing up. Steph Is Crypto emphasizes watching those weekly closes carefully to see if we break the pattern or confirm it. Worth monitoring closely before making any moves.

XRP-1.21%
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