XRP Price Crash: Analyst Says Binance Hack Only Accelerated What Was Already Coming

The Binance hack has become the obvious explanation for XRP’s latest drop, but CasiTrades believes the chart was already warning that lower prices were coming. The analyst argues that XRP had been repeatedly testing its lower trendline since October 24, weakening support before news of the Binance breach ever appeared. Her point is not that the hack had no effect. It is that the market structure was already fragile, and the headline accelerated a move that had already begun forming.