Saad Ullah
⬤ XRP has dropped to its most oversold level this entire cycle, but here's the interesting part—it's still hanging on at a critical support zone. The token took a beating recently, yet it's managed to stay above some important price levels, which hints that there's at least some stability underneath all the chaos.
⬤ Looking at the charts, XRP is basically in a holding pattern right now after that steep drop. It's hovering around the $1.87 support mark, and so far, that level is proving pretty solid. But traders aren't rushing in just yet—most are sitting on their hands, waiting to see a 20% pump that would confirm things are actually turning around. Can't really blame them after all the recent whiplash in the market.
⬤ What's actually encouraging is that even though XRP is technically oversold, it's not crumbling at this support level. The technical indicators are showing some bounce potential if it can just hold this zone. With sentiment all over the place right now, XRP's ability to stay put might be more meaningful than it looks at first glance.
⬤ This moment matters because we could be looking at a trend reversal if XRP keeps holding support and manages to push through resistance. A real breakout above recent resistance with a solid price pump wouldn't just be good news for XRP—it could signal broader recovery across the crypto market.
Saad Ullah
