XRP Price在周一早晨墜毀到了關鍵的支持水平，表明熊即將佔上風並將其推得更低。

輸入：XRP價格在周一早上撞到了至關重要的支撐水平，表明熊即將佔上風並將其推得更低。

The article discusses the possibility of a steep decline in XRP price if it fails to hold a crucial support level.

本文討論了XRP價格急劇下降的可能性，如果它無法保持關鍵支持水平。

Key takeaways:

關鍵要點：

* XRP price has dropped to a key support at $1.9522.

* XRP價格已下跌至1.9522美元。

* If this support is lost, XRP could continue down to $1.1162.

*如果丟失了此支持，XRP可能會繼續降至1.1162美元。

* There are also signs of the Wyckoff Distribution Phase, which could lead to a markdown phase.

*也有Wyckoff分佈階段的跡象，這可能導致降級階段。

* The 200-day and 50-day W averages are about to form a death cross, which could trigger more weakness.

* 200天和50天的平均水平即將形成死亡十字架，這可能會引發更多的弱點。

The price of XRP dropped to a crucial support level on Monday morning, signaling that bears are about to prevail and push it lower.

週一早上，XRP的價格下降到了至關重要的支撐水平，表明熊將佔上風並將其推得更低。

The RSI also showed that the selling pressure was strong.

RSI還表明銷售壓力很大。

Relative Strength Index (RSI)

相對強度指數（RSI）

The RSI dropped further into the oversold territory. It now trades at 26.5, signaling that the bears are in control and may continue pushing the price lower. However, it’s worth noting that the RSI has shown some resilience, failing to move below the 20 overbought, oversold levels several times since November last year. This suggests that a strong rebound may occur if the sellers become exhausted.

RSI進一步落入了超賣領土。現在，它以26.5的價格交易，表明熊在控制中，並且可能會繼續提高價格。但是，值得注意的是，自去年11月以來，RSI已經表現出了一些韌性，未能低於20個過分買賣的超額售出幾次。這表明，如果賣方筋疲力盡，可能會發生強大的反彈。

Crucial Support Level

關鍵支持水平

As reported by Benzinga earlier, the cryptocurrency price has now dropped by 42% from its highest point this year.

正如Benzinga早些時候報導的那樣，加密貨幣價格現在已經從今年的最高點下降了42％。

Its decline also pushed it to the neckline of the head and shoulders pattern, a popular bearish sign. This pattern comprises a head, two shoulders, and a neckline. Usually, a strong bearish breakout is confirmed when it drops below the neckline, which is about to happen.

它的衰落還將其推向了頭部和肩膀圖案的領口，這是一個流行的看跌標誌。該模式包括頭部，兩個肩膀和領口。通常，當它掉落在領口以下時，就會確認強烈的看跌突破。

The distance between the head and the neckline is 42%. Measuring that same distance from the neckline indicates an XRP price target of $1.1162, its lowest level since November of last year.

頭部和領口之間的距離為42％。衡量與領口相同距離的距離表示XRP價格目標為1.1162美元，這是自去年11月以來的最低水平。

Head And Shoulders Pattern

頭和肩

Head and shoulders patterns are reversal patterns that usually mark the end of a bull trend. They are formed by three peaks, with the middle peak (the head) being higher than the other two peaks (the shoulders).

頭部和肩膀的模式是逆轉模式，通常標誌著公牛趨勢的終結。它們由三個峰形成，中間峰（頭）高於其他兩個峰（肩膀）。

This pattern also has a neckline, which is a line connecting the lows of the two shoulders. The neckline is usually sloping upwards, which indicates that the sellers are becoming stronger.

該圖案還具有一個領口，這是連接兩個肩膀的低點的線。領口通常會向上傾斜，這表明賣方變得越來越強。

A breakout occurs when the price moves below the neckline. This breakout signals a continuation of the bear trend, and its strength is usually measured by the height of the pattern, which is the distance between the neckline and the head.

當價格移動到領口以下時，就會發生突破。該突破標誌著熊趨勢的延續，其強度通常是通過圖案的高度來衡量的，該圖案的高度是領口和頭部之間的距離。

In the case of XRP, the neckline is at around $1.95, and the head is at around $3.4. This means that the pattern's height is about $1.44.

就XRP而言，領口約為1.95美元，頭部約為3.4美元。這意味著該圖案的高度約為1.44美元。

To calculate the potential downside move, traders can subtract the pattern's height from the breakout point. In this case, breakout point is $1.95, and the pattern's height is $1.44. This suggests that XRP could continue falling to around $0.51 (1.95-1.44).

為了計算潛在的下行移動，交易者可以從突破點減去模式的高度。在這種情況下，突破點為$ 1.95，模式的高度為$ 1.44。這表明XRP可能會繼續下降到0.51美元左右（1.95-1.44）。

However, it’s important to consider that technical analysis can be subjective, and traders may use different methods to identify patterns and levels. Additionally, market trends can be influenced by various factors, and past performance is not necessarily indicative of future results.

但是，重要的是要考慮技術分析可以是主觀的，而交易者可以使用不同的方法來識別模式和級別。此外，市場趨勢可能會受到各種因素的影響，過去的表現不一定表明未來的結果。