XRP Dips Below Structure, Smart Money Sees Opportunity
XRP took a brutal hit of -7.63% in the last 24 hours, dropping to an intraday low of $1.48 before rebounding to $1.50.
This kind of single-session drawdown tends to trigger retail panic, but in this case, XRP's structure remains intact, with every major moving average below current price.
The critical fact is that the session low kissed the 7-day SMA before bouncing, a pattern that has historically resolved higher within 48-72 hours - provided macro noise doesn't escalate.
Despite the carnage, smart money is leaning into the dip, with top traders' long/short ratio at 2.65 and 72.6% of smart money positioned long.