🔴 $XRP Bearish Alert 📉
A $6.4439K long liquidation at $1.0186 signals meaningful leveraged unwinding, adding short-term selling pressure. The $1.0186 level now becomes a key pivot, with sellers favored while XRP remains below it.
💰 Entry Zone: $1.016–$1.020 on rejection
🎯 Targets: $1.005 → $0.992 → $0.980
🛑 Stop Loss: Above $1.032
📍 Support: $1.005–$0.992
📍 Resistance: $1.0186–$1.032
If XRP fails to reclaim $1.0186, sellers may target $1.005 first and $0.992 next. A decisive breakdown below $0.992 could extend the decline toward $0.980, while a sustained recovery above $1.032 would weaken the bearish setup and favor a short-term rebound.
Strength Rating: ⭐⭐⭐☆☆ (3/5 Bearish) — A $6.4439K long liquidation reflects moderate leveraged unwinding and supports short-term downside unless buyers reclaim the liquidation zone
#Fed rate hike odds drop #AI research paper reproducibility crisis #Hyperliquid revenue declines amid volume growth
