$XRP The $1 level is on the brink of collapse. Major bearish news!!! $XRP 's latest price is approximately between 1.09 and 1.11.

Technical breakdown:
A few days ago, there was still hope for a rally, but it was met with a series of brutal hits, with volume increasing as it broke through key support levels at 1.20, 1.14, and 1.11. The daily chart shows an extremely ugly trend, with the bulls' defenses completely shattered.

The $1 battle has begun:
Currently struggling near $1.10, just one step away from the psychological barrier of $1.00. Amid widespread panic across the internet, this integer level is likely to be broken easily, triggering a larger liquidation and panic sell-off.

Whales are fleeing:
On-chain data shows that during this downward trend, some major whale accounts have been depositing and cashing out on exchanges at higher prices. Every so-called "positive news" is just the main players offloading, while retail investors are still foolishly holding on.

Once $1 is lost, the next support below is an endless abyss at 0.85. #xrp