🚀 XRP: Third Wave or Price Rise Trap?


The cryptocurrency community is divided – is XRP preparing for the next step or is the sell side setting a trap?
1⃣ 900M#XRP bought by whales within 48 hours 🐋 – historically, such buy-ins often occur before price rises of hundreds of percent.
2⃣ The SEC lawsuit has been resolved ⚖ – regulatory risk has passed, but technical indicators show bearish divergence.
3⃣ $ 3.40 – a point of no return 🔥 – breakthrough = FOMO aiming for $4.60, rejection = drop to $ 2.90– $2.75.
💡 The balance is in a chaotic state. The accumulation of whales and legal victories support the buyers, but the technical setup and Bitcoin's dominance at 58.87% still maintain a deep correction.
Monitor the range $ 3.30– $ 3.40: a daily close above means that the bullish trend remains, while a rejection of the price will continue the bearish trend.
XRP1.07%
XCH-0.36%
CHO-7.5%
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GateUser-6bde9f68vip
· 08-13 08:17
Ape In 🚀
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