⚠️ 70% of $XRP Bought at Recent High — Is a Major Sell-Off Coming?
🚨 History Repeating Itself?

Over 70% of XRP’s supply was bought near its recent price top of $3.40 — a pattern we've seen before in past crypto crashes. This concentration of buyers at the top hints at a potential bull trap, where new investors rush in just before a steep drop.

📉 In both 2018 and 2021, similar patterns were followed by price drops of 80–95%. That’s a serious red flag for anyone holding XRP.

📊 Retail Investors Are Piling In

The number of wallets holding 10,000+ XRP (about $22,800) has been surging — a sign that many retail traders are jumping in. While that shows interest, it also raises risk: retail panic selling could accelerate a downturn if the market starts to slide.

🧱 Breaking Down from a Bear Flag

XRP had formed a classic cup-and-handle pattern from late 2024 to early 2025, peaking near $3.40. But instead of continuing higher, it formed a bearish flag — a narrow rising channel.

As of May 27, XRP has broken down from that channel, suggesting the pattern is failing.

📉 What’s Next? $1.39 Support in Sight

Technical indicators now point to a possible drop toward the 200-day EMA on the 3-day chart, currently near $1.39 — that’s nearly a 40% fall from the current price of $2.28.

The RSI is hovering near 50, indicating that there's still room for further decline before XRP becomes oversold.

🧠 Final Thoughts

With a huge number of holders entering near the top and price patterns turning bearish, caution is key. History says this setup often ends in sharp corrections. If you're in XRP, now's the time to review your strategy and stay alert. 👀

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