Big G's spicy commentary: Is XRP going to crash or surge? Pay close attention to these 3 signals!
Brothers, XRP is currently stuck around $2.3, and the manipulators are playing psychological games! Combining the latest data and news, let's break down the key points for the future.
Short-term: Bad news piling up, be careful of a stampede!
Technical outlook deteriorating: The daily chart has formed a 'descending triangle'; breaking below $2 could lead to a drop to $1.2. RSI (46.56) shows bears are in control, unable to hold the middle line of the Bollinger Bands, difficult to recover in the short term.
News stabbing: SEC delays XRP spot ETF to June, institutional funds can't enter, retail investors' confidence collapses. More painfully, Ripple's own stablecoin RLUSD is rising, putting XRP's status in jeopardy, and whales are secretly offloading.
Macroeconomic hindrances: Federal Reserve interest rate hike expectations + Trump's tariffs, global funds are seeking safety, XRP is being hammered along with Bitcoin.
Long-term: Ambush opportunities, manipulators are secretly eating!
Whales buying frantically for $3.8 billion: Although retail investors are fleeing, whales holding 1 million to 10 million XRP are aggressively increasing their positions, pouring in $3.8 billion in real money, clearly betting on ETF approval and favorable Trump policies.
Technical setup: The monthly chart has broken through a 'bullish flag', seasoned investors know this—this pattern increased 100 times in 2017! Analysts say: If it stabilizes above $2.3, reaching $10 by the end of the year is not a dream.
Operational strategy: Don't get too excited, be flexible and guerrilla!
Bears: Stop loss below $2, buy around $1.2-$1.5 (the manipulators' golden pit).
Bulls: If it stabilizes at $2.4, lightly try going long, targeting $2.7. If the ETF suddenly gets approved, hold on tight with closed eyes.
Everyone: Keep an eye on the US stock market CPI data tonight! If inflation surges, run fast, don’t be greedy!
Final note: XRP is like walking a tightrope at a high altitude, both bulls and bears are waiting for the other to jump first. Remember, manipulators fear that you won't follow the news, won't follow the trend, and won't make reckless moves!
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