XRP is currently testing a critical multi-year support convergence zone.
This area is significant: - Multi-year horizontal support - 100-week exponential moving average - High-volume demand concentration zone at ($1.80-$2)
This triple-layer protection seems solid, but what if the weekly close falls below $1.8? That would be a different story.
If this defense line is lost, a double-top pattern on a larger timeframe will be confirmed. Market sentiment will shift from cautious to bearish, potentially leading to a deeper correction.
The key is whether $1.8 can hold as this week's lifeline. If it breaks, the technical outlook will change completely.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
8 Likes
Reward
8
6
Repost
Share
Comment
0/400
nft_widow
· 2h ago
1.8 breaking or not really determines the entire pace going forward; feels like this week is hanging by a thread.
Triple support sounds impressive, but when has any defense line ever really held in the crypto space?
It's been tested so many times; this time it really feels like it's at its limit.
If it breaks down, it might drop fast. Better sell some to be safe.
Let's wait until the weekly close before saying anything—discussing now is pointless.
If the double top is confirmed, how much downside is there left?
Feels like it’s going to drop, but I can’t bring myself to sell—this is so me.
This 1.8 line is even more critical than my psychological threshold.
Another test again—XRP really can’t escape this level.
If it breaks, it’s game over. Simple and straightforward.
View OriginalReply0
GasWrangler
· 15h ago
ngl, technically speaking—if you actually analyze the mempool data, that $1.8 level is demonstrably sub-optimal support structure. the three-layer confluence sounds convincing on paper but empirically? we've seen this pattern fail before. priority fee differential suggests institutional weakness here fr
Reply0
SpeakWithHatOn
· 12-03 07:52
1.8 really can't hold, then I have to cut my losses. This week is too crucial.
2. Triple support sounds solid, but every time history is broken people say the same thing...
3. Double top? I just don't believe xrp will crash this quickly.
4. If it drops below 1.8, I'm going all in—it's come to this anyway.
5. The support is stacked this thick and it can still break? Unless something I don't know happens.
6. Looking at this data feels like gambling with my life, but there's no other way.
7. Please, you have to hold on this week.
8. We've known for a long time that this 1.80–2.00 range is important, now the real test is here.
9. If it really breaks down, how deep could it go? Just thinking about it is painful.
10. If the triple defense line collapses, forget the charts—just look at your mindset.
View OriginalReply0
MEVHunterBearish
· 12-03 07:49
1.8 holds and we're fine; if it breaks, we'll just wait to buy the dip.
2. Triple protection? Uh... how many "iron gates" in history have eventually been breached?
3. The weekly close these past few days is a bit risky, feels like the bears are eyeing us hungrily.
4. Stop talking about defenses—honestly, it’s about stubbornness, not technique.
5. Double top pattern? Why do I feel like this round is just a shakeout?
6. The 1.8 level really needs to hold, otherwise we’re in real trouble.
7. Haha, with such high trading volume, the direction is even harder to read.
8. Calling it a lifeline is too absolute; in crypto, nothing is a real lifeline.
9. From watching to bearish... uh, isn’t that just standard technical analysis jargon?
10. Anyone still daring to chase longs right now is really brave—I'm just watching.
View OriginalReply0
TopBuyerForever
· 12-03 07:42
It's do or die this week, $1.8 is really untouchable.
---
Triple protection? You still have to hold the line, but it's looking shaky now.
---
I knew this would happen. If the weekly close breaks $1.8, we're done.
---
I'm optimistic about this move, feels like it can hold.
---
I'm betting it can hold; otherwise, I'll really have to cut my losses.
---
If the double top is confirmed, that's bad news. How deep could it drop?
---
Honestly, I'm a bit scared. The pressure feels huge this time.
---
Let's wait for the weekend close—everything depends on that.
---
That $1.8 level is really a life-or-death line, no joke.
---
If this move can't hold, the whole logic flips. Panic mode.
View OriginalReply0
BlockchainBard
· 12-03 07:41
If $1.8 doesn't hold, I'll eat spicy hot pot live.
---
What's with the so-called triple protection? In the end, it breaks with just a poke.
---
Sounds so complicated, but honestly, it just comes down to betting on whether there'll be a rebound this week.
---
Double top confirmed? Bro, your technical analysis is way too sensitive.
---
Let's wait for the weekly close before making any calls. It's a bit early to jump to conclusions.
---
I've seen the $1.8 line break plenty of times, don't take it too seriously.
---
The lifeline, huh? I think XRP is pretty resilient.
---
You think a high-volume area can guarantee anything? Whales dump without even blinking.
---
The logic behind technicals keeps changing; I'll just stick to the news.
XRP is currently testing a critical multi-year support convergence zone.
This area is significant:
- Multi-year horizontal support
- 100-week exponential moving average
- High-volume demand concentration zone at ($1.80-$2)
This triple-layer protection seems solid, but what if the weekly close falls below $1.8? That would be a different story.
If this defense line is lost, a double-top pattern on a larger timeframe will be confirmed. Market sentiment will shift from cautious to bearish, potentially leading to a deeper correction.
The key is whether $1.8 can hold as this week's lifeline. If it breaks, the technical outlook will change completely.