XRP Price Plunges Below $3: A 15% Drop Possible?

Recent XRP price analysis suggests the cryptocurrency could experience a significant drop in the coming days. Key factors like the breakdown below the crucial $3 support and long liquidation levels indicate a potential downturn. 📈 A bearish fractal reminiscent of past downturns, marked by rounded tops followed by sharp declines, may push XRP prices further down. However, there’s also room for a rebound. The price action has formed another bearish flag pattern, which could signal a 15% decline to $2.60 if it breaks through its support at $3. Meanwhile, strong resistance levels near the 200-day EMA and potential long liquidation pools suggest further volatility in the coming days.