$XRP Crashed 69% And Everyone Is Panicking: Last Time This Happened It Pumped 835%

$XRP Crashed 69% And Everyone Is Panicking: Last Time This Happened It Pumped 835%

#XRP Is Trading Around $1.39 After Breaking Down From $2 Support Zone. Currently Retesting The HTF Demand Level Which Previously Acted As Multi-Year Accumulation Zone Upper Boundary.

Already Experienced -69% Correction From Recent ATH Of $3.66, Classic Breakout-Retest Setup Forming. Price Testing Critical Support Zone After Explosive 835% Rally From Accumulation.

ON-CHAIN ALERT:
$XRP Just Printed Its Biggest Realized Loss Spike Since Nov 2022. $1.93B In Weekly Losses As Holders Capitulate, Per Santiment. Historically, Extreme Capitulation = Local Bottoms.

CURRENT TECHNICAL STRUCTURE:
➤ Bullish Support (Accumulation Zone): $0.86-$0.66
➤ Price Must Hold Above $0.66 For Bullish Continuation
➤ Multi-Year Breakout Retest + Accumulation Zone Confluence = Strong Demand
➤ Massive Capitulation Event + Key Support Test = High Probability Reversal Zone
➤ Weekly Close Below $0.66 = Bullish Invalidation

Upside Targets: $2 ➔ $3 ➔ $5 ➔ $10+ (~10x From Accumulation Zone)

IMO: XRP/USDT Is Currently Trading At A Generational Re-Accumulation Zone After Breakout Retest. $1.93B Capitulation Event Often Marks The Bottom. Smart Money Accumulating While Weak Hands Exit.

Purely TA + On-Chain | Not Financial Advice | Always DYOR

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