84% OF XRP SELL PRESSURE COMES FROM KOREA AS $2 LOOMS, ANALYST WARNS
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✍️ XRP's price has fallen to a cluster of long-term volume and mean-reversion levels, with a prominent market technician warning of a potential deeper drop if bulls fail to regain support.
👉 XRP's price has reached the 12-month rolling VWAP for the first time this year 👉 Market technician Dom warns of a potential deeper drop if bulls fail to regain support 👉 The order book composition is skewed towards bids, but snapping the local low could send the price back to $2 👉 The majority of spot pressure is coming from Upbit in Korea
-- #Dom #IncomeSharks #Korea #Upbit #technology
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