🟡 Why hasn't XRP reached $3 yet?
Despite the community's expectations, on-chain data shows clear weakness at the moment:
🔻 1. Weak network activity:
The number of new and active wallets has plummeted in recent months — a sign of low demand.
📉 2. Open Interest (OI) dropped 30%:
Less interest in futures and derivatives contracts reduces the strength of movement.
🪙 3. Strong technical resistance:
The price is stuck between $2.05 and $2.33, below important moving averages.
⚠️ 4. RSI declining:
Dropped from 81 to 51, showing weakening of buying momentum.
📉 If it loses $2.00, the chart indicates a possible drop to $1.20 before a new attempt at reversal.
😮 On the other hand, if it consolidates below $3 for too long, this could be the perfect scenario for a future explosion — like in 2017, targeting $10.
🧠 The lesson remains: a stagnant price is not always weakness — it can be preparation!
#XRP #AltcoinAnalysis #CryptoMarket #Write2Earn #TechnicalAnalysis
