Ripple-linked XRP sinks 7% to four-month lows
Crypto
The cryptocurrency XRP has fallen 7% to its lowest point in four months after breaking through key technical support levels. This creates a setup where traders are weighing a bearish technical picture against longer-term fundamentals like institutional demand.
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Angle
↓ SHORT-15% target+8% stop1-3 weeks
Short XRP-USD on the technical breakdown below multi-month support, targeting a retest of prior cycle lows.