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🚨 XRP: Why Can't Bears Break $1 😳📊
After one of the worst sell-offs of the year, $XRP fell from the $1.30 region to nearly $1.05 📉. At that time, most traders believed that a drop below $1 was inevitable.
But that never happened.
When panic reaches its peak and a $BTC market still refuses to create new lows, it usually means sellers are running out of steam.
Does that mean a rally is beginning? Not even close 🚨
The market has spent weeks searching for a level where sellers will finally run out of ammunition, and right now, that level looks like $1.05-$1.10 👀. If buyers can continue to defend this zone and eventually push $XRP back above $1.30, sentiment will shift quickly. But if $1 is broken, all bottom predictions will start over from scratch.
#MyGateTradeStory
$XRP
After one of the ugliest selloffs of the year, $XRP crashed from the $1.30 area to almost $1.05 📉. At that moment, most traders were convinced a move below $1 was inevitable.
But it never happened.
When panic is at its peak and a $BTC market still refuses to make new lows, it usually means sellers are getting exhausted.
Does that mean a bull run is starting? Not even close 🚨
The market spent weeks searching for a level where sellers would finally run out of ammunition, and right now that level looks like $1.05-$1.10 👀. If buyers can continue defending this zone and eventually push $XRP back above $1.30, sentiment changes quickly. But if $1 breaks, all the bottom-calling starts over again.
#MyGateTradeStory
$XRP