XRP drops 4% below $1.30 as heavy selling breaks key support zone
Hex37's read
- XRP has fallen 4% below the $1.30 mark.
- Heavy selling volume has broken a key support zone for XRP.
- Focus is on whether XRP's compression structure is breaking lower.
What it means for traders
- Significant selling pressure on XRP suggests potential for further downside.
- Traders should monitor XRP for a confirmed break of its compression structure.
Affected markets
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