📈 Another retest of support. The buyer has left...
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XRP has sold off all of last week's bullish potential. The coin is once again storming the 1.341 support level. Each subsequent retest increases the chances of a further decline
Bitcoin is falling due to a lack of fundamental support. Against this backdrop, XRP may continue to fall within the trend and under pressure from the weak flagship. The market is weak. All of last week's bullish potential has been sold off, and the coin is testing key support at 1.341. The reaction to support is weakening, indicating weak or absent buyers. A breakdown and close below the level could trigger a further decline.
Resistance levels: 1.3791
Support levels: 1.341, 1.236, 1.137
The formation of pre-breakout consolidation may increase the potential for a breakdown of support. The momentum may be sharp. Focus on 1.341, the level may not hold the market, a breakdown will trigger a decline to 1.236 - 1.137