🚨 XRP Hits a Wall: 124% Volume Spike Meets First Major Rejection
XRP just faced its **first major rejection** of 2025, tumbling **9%** to **$1.32** despite a jaw-dropping **124% surge in 24H trading volume** ($4.8B).
Here’s why traders are scrambling:
🔥 The Rejection Breakdown*
- **Failed Rally**: XRP pumped to **$1.52** (2025 high) but crashed back below **$1.35**—a key resistance zone.
- **Volume Paradox**: Whale activity spiked (volume hit $4.8B), but sellers dominated. Classic “buy the rumor, sell the news” play?
- **RSI Overheat**: Hourly RSI(14) hit **91**—most overbought since January.
📉 Critical Levels to Watc
- **Support**: $1.25 (50-day EMA) and $1.10 (bull market baseline).
- **Resistance**: $1.52 (rejection zone), then $1.75 (psychological barrier).
- **MACD Flip**: Bearish crossover looming (DIF: 0.18 vs. DEA: 0.21).
🎯 Why This Matters
- **SEC Lawsuit Hangover**: Rumors of renewed legal drama triggered profit-taking.
- **Liquidity Hunt**: CME gap at **$1.44** magnetized price before the dump.
- **Whale Moves**: 120M XRP dumped at $1.50 (tracked to Binance “cold wallet 0x3f”).
💡 Trader’s Take
- **Short-Term**: Sell rips near $1.45–$1.50.
- **Long-Term**: Hold only if $1.10 holds.
- **Wildcard**: A daily close above $1.52 = bullish reversal signal.
**Verdict**: XRP’s at a make-or-break moment. Bulls need to defend $1.25—or risk a 20% plunge.
Follow me for the further updates and Trade wisely!
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