XRP Crumbles: Last Support Breached, $0.73 Target in Sight
XRP is bleeding out, ditching its final support at $1.17 as whale activity dries up and social dominance craters. Technicals are screaming sell, with the weekly RSI flashing oversold signals not seen since 2022. The path is clear for a brutal drop to $0.73.
XRP just lost its last major support at $1.17, and the charts are screaming sell. The weekly RSI is diving into oversold territory, a level not seen since 2022, signaling serious downside momentum. Whale transactions have evaporated, and social chatter is fading fast, showing zero conviction from big players or retail. This isn't accumulation; it's distribution. The price action confirms the breakdown, with XRP now sitting below a descending resistance line and a broken symmetrical triangle. The projected target is a grim $0.73. Unless XRP can reclaim $1.17 with conviction, expect more pain. The next weekly close will seal the deal.