XRP is like a compressed spring
Bollinger Bands shrink to the extreme
The trillion-dollar payment narrative is quietly heating up
Just waiting for the regulatory spark to ignite the market!
News: Three fires have been set up
The regulatory powder keg is cooling down: SEC policy shift + Ripple requests to modify the judge's decision. If successful, it may end the long-term litigation tug-of-war and greatly reduce regulatory uncertainty.
ETF Countdown: The long-term approval probability of the spot XRP ETF is still as high as 93%, but the probability before the end of July is only 19%, and institutional funds are waiting and watching.
Nuclear-level application: Ripple CEO said: Within 5 years, XRP will take over 14% of SWIFT's global transaction volume. If it is implemented, the price is estimated to be in the range of 12-24 US dollars.
Technical analysis: Long and short battle at $2.10
Life and death support: The current price of 2.15 is close to the weekly 0.382 Fibonacci support, the 4-hour RSI has fallen to the oversold zone of 29.4, the MACD green column has narrowed, and signs of short exhaustion are beginning to appear.
Bollinger Bands Suffocation: The channel narrows to a historical extreme, volatility approaches the critical point, and a breakthrough is imminent! If the volume stabilizes at $2.35, it will open up room for a rebound; if it loses $2.08, it will drop to the psychological level of 2.00.
Death cross trap: Although the daily line shows a death cross, the MACD value is still positive, which is actually a false death cross - the bears are unable to smash the market.
Key price: Breaking through $2.35 = trend reversal confirmed, target directly at previous high of 2.6540!
