XRP is staging a back-and-forth verbal battle, calling each other pigs!
This morning, XRP's 1-hour candlestick looked more hypnotic than a temple bell, with the price stuck between the middle and lower Bollinger Bands, lying flat. The upper and lower bands are tightening more than an old lady's belt, and the MACD lines are entangled underwater, with the histogram as short as a matchstick—both bulls and bears are playing a game of 'who moves first loses' like wooden puppets.
1. News: Bulls and bears exchanging blows
The Ripple vs. SEC lawsuit has revealed another 'settlement smoke screen,' with the community's calls echoing loudly, but on-chain data shows that a giant whale secretly buried 80 million orders at $2.11, while a massive trapped position at $2.15 looms above—charging in at this position would just turn you into a human ATM for the market makers. The launch of CME's XRP futures has been hyped as 'Bitcoin ETF Effect 2.0,' but looking at BTC's strategies after its futures launch, market makers are likely to apply sunscreen to the candlesticks overnight to prepare for a 'death by exposure.' Even more outrageous is Trump's son attacking the SWIFT system, declaring that 'banks should be eliminated,' leading the XRP community to collectively climax, yet the price remains as stable as an old dog, resembling a scene from 'Empresses in the Palace' with everyone acting.
2. Technical: Live broadcast of a dull knife harvesting leeks
The four-hour chart has formed a 'Three Crows on a Branch' death pattern, with the RSI stuck at the neutral line of 45, and the trading volume as limp as dried cured meat. The price is sparking friction at the support level of $2.10, with three attempts to spike not breaking through indicating that the market makers have buried landmines here, but the iron ceiling at $2.15 is making it hard to breathe. The contract traders are filled with orders but can't even make a splash—charging into this market means getting spiked or painted.
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