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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 — $70,000 or lower?
2️⃣ Market Drivers: Which recent macroeconomic news or rumors are influencing the market?
3️⃣ Dark Horses: Are there any resilient or outperforming tokens worth watching?
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$XRP – IS THE NEXT LEG UP COMING? ⚡💥
XRP is trading around $1.996 with a ~1.1% dip in the last 24 hours. After a sharp sweep into the $1.95 demand zone, price bounced quickly and is now consolidating just under the $2.02 resistance area. On the 1H timeframe, bullish recovery candles are forming and selling pressure is clearly cooling off, hinting at a potential continuation move.
Trade Setup
• Entry Zone: 1.97 – 2.00
• Target 1 🎯: 2.03
• Target 2 🎯: 2.08
• Target 3 🎯: 2.14
• Stop Loss: 1.94
If XRP breaks and holds above $2.03 with strong volume, momentum can expand fast and price may accelerate toward the $2.10–$2.14 zone, opening the door for a much stronger upside push 🚀