The cryptocurrency market is experiencing a correction sentiment, with Bitcoin potentially breaking below critical support at $92,000. This has led to selling pressure on XRP, causing it to lose support at $2. Analysts have highlighted a Bollinger Bands squeeze and the formation of a triangle pattern on the XRP chart, indicating a period of reduced price volatility followed by a major movement. The XRP price is currently 2.3% away from breaking below triangle support, which could lead to a significant drop to $1. However, if the broader market trend recovers bullish momentum, XRP could break out of the triangle pattern and rally to $4.5.



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