About this episode
XRP experiences a significant drop, plunging from $1.36 to $1.33 in minutes, breaking through the $1.35 support level and turning it into resistance. Despite a brief bounce, the price remains stagnant, indicating sellers dominance. The 24-hour drop is 1.7%, but the intraday smash reveals a bearish sentiment. Key levels to watch are $1.35 as a pivot point, and $1.40-$1.41 as resistance. Downside risks include $1.32 or $1.31 if $1.33 is breached. Volatility is high, and momentum is fading, suggesting a potential breakout in either direction.
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