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Gate Square | 2/5 Today's Hot Topic: #BuyTheDipOrWaitNow?
🎁 [Community Perk] Post with the topic or #BTC, 10 lucky users * $100 position Voucher.
Market volatility continues as BTC breaks below the $74,000 key support level, with altcoins pulling back in sync. Are you buying the dip in batches or waiting for a better entry point?
💬 Today’s Discussion:
1️⃣ Bottom Signals: Where do you see BTC’s bottom — $70,000 or lower?
2️⃣ Market Drivers: Which recent macroeconomic news or rumors are influencing the market?
3️⃣ Dark Horses: Are there any resilient or outperforming tokens worth watching?
ShTap to Trade in Gate Square, Win up to 50 GT & Merch!
Click the trading widget in Gate Square content, complete a transaction, and take home 50 GT, Position Experience Vouchers, or exclusive Spring Festival merchandise.
Click the registration link to join
https://www.gate.com/questionnaire/7401
Enter Gate Square daily and click any trading pair or trading card within the content to complete a transaction. The top 10 users by trading volume will win GT, Gate merchandise boxes, position experience vouchers, and more.
The top prize: 50 GT.
Overview & Use Case
XRP focuses on fast, low-cost cross-border payments for institutions.
Current Price: ~$1.435
Trend: Strong bearish momentum short-term
🔍 Technical Analysis
Support:
$1.43
$1.38
Resistance:
$1.50
$1.56
Indicators
RSI: Deep oversold
MACD: Strong bearish
MA: Below all key averages
Pattern:
📉 Steep downtrend
🎯 Trading Plan
Entry (speculative): $1.40 – $1.43
Targets:
TP1: $1.50
TP2: $1.58
Stop Loss: $1.35
Risk–Reward: ~1:2
Outlook
Short-term: Dead-cat bounce possible
Long-term: Depends on legal/news catalysts
#BuyTheDipOrWaitNow? #ADPJobsMissEstimates #CryptoMarketWatch #FedLeadershipImpact
$XRP