XRP Life and Death Game: The Inverted Cup and Handle with a Knife Hanging Over, 2.13 as the Last Line of Defense
Veterans in the crypto circle understand that XRP is following the classic "Inverted Cup and Handle" death route—daily round top pressing down, the lower track of the rising channel has directly broken, now 2.18 is hanging, another 3% drop in 24 hours
Technical analysts coldly declare: If 2.13 can't hold, it will directly drop to 1.71, which is the old nest of November 2024, and if it collapses, it will really be exposed
Emotional Split: Retail investors are excitedly speculating on ETFs, but on-chain data is freezing
Ironically, the more the price falls, the crazier social media gets! The social dominance of XRP has broken 3% for the first time in two weeks, with the whole internet wildly cheering for "the end of the SEC lawsuit + 92% probability of spot ETF approval"
But on-chain data contradicts this: active addresses have plummeted from 600,000 to 31,000, on-chain activity is almost dead
This emotional and technical split resembles the retail investors shouting "buy the dip" while secretly pulling out the ladder—faith on their lips, but oil on their feet
Long and Short Battle Day: Triangle Convergence, 48 hours to determine life or death
The most exciting right now is the symmetrical triangle strangulation situation: support at 2.22, resistance at 2.28-2.30, prices are being compressed to the point of suffocation
If it can't break 2.28 in 48 hours, it will directly plunge through 2.13 to 1.71; if it can break through with volume, it could touch 2.45.
Key points for everyone to watch: if 2.13 breaks, must cut losses, if 2.30 holds, can sneak a profit—everything else is just a show
Survival Rules in the Crypto Circle:
News Front: ETF approval = nuclear bomb, only breaking through 2.57 will there be a real bull market
Technical Front: 1.71 is the gate to hell, break it and run fast
Emotional Front: Social heat ≠ buy the dip signal, on-chain coldness is the real truth
I bet 2.13 will break, but a black swan from the ETF could save the market—do you dare to follow?
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