When XPR is bouncing back and forth around the middle Bollinger Band, seasoned players are secretly positioning themselves!
Technical Analysis: The battle between bulls and bears is imminent!
Bollinger Band mystery:
Current price $2.28, closely following the middle Bollinger Band, typical decision-making point!
Upper resistance at $2.45, breaking through will trigger a soaring mode!
Lower support at $2.1, breaking below may retest the previous low of $1.9!
Key Indicators:
MACD golden cross emerging: Daily level buying pressure begins to take effect!
RSI 55: Neither overbought nor oversold, ample room for upward movement!
Decreasing trading volume: Beware of false breakouts, must have volume to be reliable!
Technical Conclusion: Short-term volatility is slightly bullish, but must hold above $2.3 to confirm the trend!
News: Three major bombshells of good news!
Ripple acquisition rumors:
Rumor has it that Ripple plans to spend $20 billion to acquire Circle (the parent company of USDC), if it happens, XPR will take off directly!
Institutions are crazily increasing positions:
On-chain data shows that whales recently bought 1.8 billion XPR9, these big players never make losing trades!
ETF expectations are heating up:
Institutions like BlackRock are applying for XPR spot ETF5, with a probability of over 80%!
News Conclusion: Long-term positive news, but short-term beware of 'good news fully priced in' sell-off!
Market prediction: Soaring or declining?
Short-term (1 Week):
Break above $2.45 → Hit the previous high of $2.8!
Fall below $2.1 → May pull back to $1.9!
Middle Line (1 Month):
If the ETF passes → Target $5!
If the acquisition fails → It may drop back to $1.5!
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Twelve years of financial journey, exclusive secrets from pioneers in the crypto space: Insight into the market, steady progress, teaching you how to steadily appreciate value, risks and opportunities coexist in investment, blind operations are a major taboo in the crypto world!
$XRP
