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$XRP Ripple Breakdown to $2.00 Likely

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In this video, I analyze XRPUSD's current price action and explain why I expect it to continue moving lower. After closely examining the chart, I now have greater confidence that XRPUSD is headed toward at least $2.00, possibly lower.

The price is losing support within a key channel and appears to be failing a retest after a breakout without much momentum. There’s no significant support holding it up right now, meaning a further drop is the most likely scenario. Several technical factors—including trendlines, moving averages, and liquidity positioning—align with this expectation.

Key Market Observations & Trade Setup

🔹 Why a Drop is Likely
Price is breaking below key support, suggesting continuation downward.
No structural support underneath the current level, making a drop to at least $2.00 likely.
The broader market, including Bitcoin, is showing weakness, reinforcing this move.

🔹 Target Zones & Expected Movement
$2.00 is a key level, but price could go lower.
Trendlines and moving averages below indicate further downside potential.
No immediate signs of reversal—the market is likely to keep declining in the short term.

🔹 Trading Considerations & Risk Management
Holding here is risky—waiting for confirmation of a bounce is critical before considering entries.
There’s no real support keeping price afloat, so traders should plan accordingly.
This move aligns with previous technical expectations, confirming that further downside is not unexpected.

Final Thoughts
XRPUSD is falling as expected, and based on the chart, a move toward $2.00 or lower seems highly probable. There’s nothing holding price up right now, and broader market conditions support this outlook.

And apologies if I sound a little slow and for the little pauses, I'm still going on no sleep and the entire time I was speaking I was just trying to compartmentalize my frustration with the terrible lag which I'm experiencing trying to move the mouse around on the screen...
Nota
So I think that there is information in the very last few moments of the video prior to this one (which there is a link to under "related videos" here on this page) contains some important closing points that I neglected to state in this video - happier ones at that, with hope for the future. I'll tell you why there isn't really any reason to panic (I don't think) but you might have to endure a little downturn.
Dagangan aktif
Folks please forgive me if this is extremely conceited, it's really just a point of pride, and I say it with some levity, but I'm right so often it'll blow your mind. It even blows my mind… My mind has been blown for years. How do I make these predictions without a mind, you ask? I couldn't tell you, mindless as I am..

It's doing what I told it to do folks, or maybe what it told me to tell you. XRPUSD
And so is that coin called Bit. BTCUSD

Penafian

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