XRP's price has dropped following a sell signal from the TD Sequential indicator, suggesting a trend reversal and putting key support levels at risk. Traders are watching to see if XRP can maintain its support levels or if further declines are ahead. The price struggles to break through resistance levels, and experts believe it could descend to $2.00 if it passes under key support areas. The 4-hour chart shows a forming rising wedge pattern, indicating future price downtrends. Investors are finding it challenging to stay invested in XRP due to rising market values. Market indicators show potential overselling conditions and weak market buying activity. Open interest has declined, indicating participants are closing their positions and decreasing market exposure.
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