🚨😭😱 $XRP ➡️ 300% HIGH, BUT BE CAREFUL ‼️ MORE VETERANS ARE EXITING 🚨
XRP has tripled since November 2024, but on-chain data reveals a concerning reality... 📊
🔥 WHAT IS HAPPENING
Massive profit-taking: $68.8 million/day by veterans
Old holders (buy < $0.50) are selling with +300% profit
70% of capitalization formed between the end of 2024 and the beginning of 2025
⚠️ WARNING SIGNS
The current behavior REMINDS of 2017, when XRP reached $2.50 and then plummeted 90%!
Concerning technical data
SOPR of 3-6 month holders in continuous decline
Current price: ~$2.02 vs recent average purchase price: $2.28
Descending triangle technical pattern on the weekly chart
🎯 POSSIBLE SCENARIOS
📉 Bearish: Drop to $1.35-$1.60 (historical support)
📈 Bullish: Recovery at the weekly EMA 50 → target $3.00
💡 The current euphoria may be masking a fragile base. With veterans taking massive profits and newcomers entering at the top, the risk of correction is REAL.
⚠️DYOR and manage your risk ❗🛡️Remember: This is an informational analysis. Always do your own research before investing.
