"XRP is now like a compressed spring; the direction depends on the invisible hand of regulation."

News: Three major bearish factors looming, but hidden opportunities may arise.

  1. SEC lawsuit delays continue to brew.
    The SEC was originally scheduled to submit a progress report on the Ripple settlement by June 15, but the latest news shows both parties have only requested the courtto continue pausing the appeal process.Regulatory clarity is once again postponed. The market has huge discrepancies regarding the outcome: if the settlement is successful, XRP could soar by over 10% in a single day; if it remains deadlocked, the price will continue to be under pressure.

  2. On-chain data is weak.

    • The number of new wallets created has plummeted by 80% over the past five months, and the number of active addresses has dropped by 94%, from 570,000 to 34,000, reflecting a sharp decline in user interest.

    • However, whales are hoarding against the trend: over $1.2 billion in XRP moved from exchanges to long-term wallets in June, reducing selling pressure while also laying the groundwork for future explosive price action.

  3. Macroeconomic and competitive diversion.
    Escalating Middle East tensions and delayed expectations of Federal Reserve rate cuts have triggered market risk aversion, while the new meme coinLilpepeis predicted to surge by 17,834%, rapidly attracting capital and diverting funds from altcoins.

Focus on Big D, with professional team support, accurately predicting wave points.

Technical aspect: Key support death line - $2.00.

Bull-bear dividing line: Current price is 2.163; below 2.00-2.08 is the Fibonacci 50% retracement zone coinciding with the 100-hour EMA. If it breaks down significantly, it may trigger panic selling down to 1.60-1.85.

Breakout signal: The upper level of 2.20 is a short-term strength indicator; stabilizing here is necessary to challenge resistance at 2.33-2.80.

Indicator contradiction:

Although MACD shows a 'golden cross', it remains below the zero line with a shortening histogram, indicating a high risk of a false rebound.

The Bollinger Bands continue to narrow; a directional breakout is expected within 1-2 days.

$XRP

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