XRP is moving in a descending triangle, hovering around the support of 2.75 USD, with risks of falling to about 2.65–2.45, which could represent a decline of 8–10%. However, there is an accumulation of buyers around 2.45–2.55 USD, which could hold the price and set the stage for a rally once liquidity is absorbed. Additionally, the compression in the orders and the fractal history indicate that, after this sweep, we could see a significant bullish movement. What do you think about this scenario for XRP?
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XRP is moving in a descending triangle, hovering around the support of 2.75 USD, with risks of falling to about 2.65–2.45, which could represent a decline of 8–10%. However, there is an accumulation of buyers around 2.45–2.55 USD, which could hold the price and set the stage for a rally once liquidity is absorbed. Additionally, the compression in the orders and the fractal history indicate that, after this sweep, we could see a significant bullish movement. What do you think about this scenario for XRP?