XRP appears to be consolidating in a wave-4 correction pattern at current price levels. Key support sits between $2.25 and $2.09—holding this zone is crucial for the bulls. If price breaks decisively below $2.09, it would signal a breakdown of the current pattern and suggest further downside pressure. Traders watching this level closely for confirmation of the next directional move.
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RegenRestorer
· 01-07 02:58
If this 2.09 line can't hold, it's really over.
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Degentleman
· 01-07 02:58
Breaking this critical point at 2.09 really means you have to run.
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OfflineValidator
· 01-07 02:41
You need to hold the 2.09 level, otherwise it will fall.
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DefiPlaybook
· 01-07 02:33
According to on-chain data, XRP has approximately a 78.3% probability of breaking below the key support level of $2.09. It is worth noting that such wave-4 corrections are often accompanied by high risk. The recommended strategy is as follows: 1) Maintain the main position above $2.25 for defense 2) Set stop-loss 10% below $2.09 3) Based on historical backtesting, the rebound success rate within this price range is only 35.6%
XRP appears to be consolidating in a wave-4 correction pattern at current price levels. Key support sits between $2.25 and $2.09—holding this zone is crucial for the bulls. If price breaks decisively below $2.09, it would signal a breakdown of the current pattern and suggest further downside pressure. Traders watching this level closely for confirmation of the next directional move.