Lark Davis|Dec 02, 2025 13:30
XRP is approaching a major multi-year support confluence
You've got:
- Strong horizontal support dating back years
- Weekly 100 EMA
- High volume demand zone sitting right below ($1.80-$2)
A weekly close below $1.8 would, however, break this structure and confirm a large double-top pattern on the higher timeframe
This would shift the bias to bearish and open up the door to significant further downside.(Lark Davis)
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