🔥Major Raid! XRP Soars 20%, But Is There a Deadly Downtrend Signal Hidden Behind? Are You Ready?

XRP has recently surged significantly, rising 20% in May, with the price once touching $2.65. But don’t celebrate too early; the technical indicators are releasing ominous signs.

⚠️ Is There a 'Killing' Opportunity Hidden in the Bullish Trend?

Currently, the daily chart for XRP shows a descending triangle pattern, which is a common bearish signal. If it breaks down, the price could plummet, and investors need to stay alert.

🧩 Multiple Catalysts About to Ignite

Key events in June are approaching, including:

ETF Approval or Rejection

Federal Reserve Interest Rate Decision

XRP Ledger Technical Update

These could instantly change the market direction.

🧠 CEO Calls for a Trillion-Dollar Market Cap, But Can It Break Through $3?

Ripple CEO’s bold prediction makes headlines, claiming XRP is expected to enter the trillion-dollar market cap club, but the reality is that $3 remains a strong resistance in the short term.

📉 SEC Shadow Still Looms

Although Ripple has temporarily won the lawsuit, the SEC's hesitation on the XRP ETF may still limit its upward momentum.

Conclusion: XRP is at the eye of the storm; whether it surges or crashes depends on the upcoming critical breakthroughs! Will you choose to hold and wait or position yourself for the next wave of opportunities?