#ScalpingStrategy

XRP Risk Alert: Profit-Takers Driving Sell-Off?

💰 $68.5M/day in realized profits from major XRP holders

📈 Price tripled since late 2024 → Profit-taking surged

📊 Over 70% of XRP's market cap formed recently = Top-heavy risk

🔁 Pattern mirrors 2017 boom & 90% crash

📉 Same group of 300%+ gainers led selloff back then

📆 Current holders behaving similarly → Warning signs flash

⚠️ Key Metrics:

• SOPR (Spent Output Profit Ratio) from 3m–6m holders declining

• Average buy-in for 6m–12m holders = $1.35

• Current price = ~$2.14

→ Newer holders are near breakeven, older holders have cushion

📌 35% Downside Risk

• Potential drop to $1.50–$1.60, possibly $1.35

• Descending triangle formation = Bearish pattern

• Realized price support: $1.30

📈 Bullish Scenario?

• Bounce from 50-week EMA could send XRP to $3+

• But break below support may trigger sharp selloff

🔎 Key Takeaways:

✔️ Profit-taking behavior echoes historical tops

✔️ Market dominated by recent buyers = fragile structure

✔️ Technical & on-chain metrics point to correction risks

📉 Caution advised.

📊 Study market signals.

💡 Not investment advice — DYOR.

Thankyou

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