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#数字资产市场观察 XRP this drop is a bit intense!
The price just broke through the key level of $2.15 and is now struggling around $2.10. Looking at the hourly candlestick chart, the ascending trend line that had supported for several days has been completely lost. The technical outlook is also not very optimistic: the MACD has started to accelerate downwards, the RSI indicator has dropped below 50, and bearish momentum is clearly accumulating 📉.
Looking down, $2.00 and $1.9250 are two lines of defense. If they can't hold, it may go straight to $1.80. To rebound, it first needs to recover the range of $2.10-$2.15, and only if it stands firm there is hope to challenge $2.20 or even $2.32📈.
Friends holding coins, stay calm and those shorting should not chase the highs. The short-term volatility of XRP is not small, remember to set stop losses when operating!