【1】XRP's recent trend is unstable, but is it really a 'black swan'?
This week, XRP broke the key level of 2.23 and is currently hovering around 2.15, with a drop of over 7%.
Trading volume is declining, RSI is close to oversold, and MACD is also weak, with clear short-term bearish signals.
【2】Short-term pessimism, but what about the long-term? Some institutions are quietly increasing their positions.
Although the technicals are weak, XRP is a popular bullish target in the options market.
Deribit data shows that a large number of bullish options in the range of $2.6 to $4 have been laid out.
When retail investors panic in the market, funds are quietly entering, which is thought-provoking.
【3】Long-term target? Analysts directly call for $23+.
Analyst Dark Defender predicts that XRP is on the path to $1823.
The key mid-term point is $5.85, with a long-term target of $2575.
The prediction is aggressive, but combined with easing legal uncertainties, ETF hype expectations, and liquidity changes, this wave is not without foundation.
【4】Is the current XRP at the bottom of fear, or is it building momentum before a rebound?
From the candlestick chart, the 'Doji' signal has appeared, indicating fierce tug-of-war between bulls and bears.
At this moment, is it time to cut losses and exit, or to buy low and position?
Different people have different answers, but opportunities often hide within the divergences.
【5】Summary: Although XRP is currently under pressure, it is far from being out of the game.
Short-term bearish does not equal long-term bearish.
Instead of waiting for the wind, it's better to build the ship in advance.
XRP may not be the fastest horse, but perhaps it is the one that can run the longest.
