Both ETC and XRP are facing heavy selling pressure on the 15m timeframe 📉. ETC plummeted from 9.076 to 8.767, a 1.80% drop, and is struggling to hold the 8.747 support level. Similarly, XRP took a hard hit, falling 4.03% to 1.383 after peaking at 1.427.
For both assets, prices are trapped below all major Moving Averages (MA5, MA10, MA30), while the MACD shows deepening red histograms, confirming strong bearish momentum 🚩. With the charts currently "bleeding," traders should watch for a stabilization phase rather than jumping into these falling knives ⚠️. $XRP
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NoTime
· 3h ago
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Both ETC and XRP are facing heavy selling pressure on the 15m timeframe 📉. ETC plummeted from 9.076 to 8.767, a 1.80% drop, and is struggling to hold the 8.747 support level. Similarly, XRP took a hard hit, falling 4.03% to 1.383 after peaking at 1.427.
For both assets, prices are trapped below all major Moving Averages (MA5, MA10, MA30), while the MACD shows deepening red histograms, confirming strong bearish momentum 🚩. With the charts currently "bleeding," traders should watch for a stabilization phase rather than jumping into these falling knives ⚠️.
$XRP