XRP is repeatedly bouncing around the $2.20 life-and-death line—breakout means flying high, breakdown means a steep fall!

News Aspect: Ignite or extinguish the three flames?

  1. SEC Final Negotiation:
    Ripple and SEC settlement countdown! Fines may be reduced from $125 million to $50 million. If the judge nods before August 15, years of regulatory uncertainty will be resolved, and institutional funds will flood in.

  2. ETF Showdown in October:
    Canada has rushed to launch XRP spot ETF, with a 70% probability of approval this year for giants like Grayscale in the US. If true, it will ignite an influx of $8 billion. However, if collectively rejected, the price may drop back to $1.90.

  3. Bank Standard Dividend:
    The Federal Reserve activated the ISO 20022 global banking standard on July 14, with XRP Ledger as the compatible infrastructure. Traditional finance's efficiency is doubling, and banks in the Middle East and Japan are accelerating tests for real-time cross-border settlements.

Technical Aspect: Silent game on the four-hour chart

Triangle Strangle Zone:
Bollinger Bands have narrowed to their tightest since 2017—warning of a big move!

Bull-bear secret battle signal:

RSI is hesitant: stuck in the neutral zone at 45; volume not expanding means it's a paper tiger.

Liquidation Powder Keg:
At $2.20, holding 2 billion XRP chips is a minefield for retail investors looking to 'sell when they break even', but the good news is: recent selling pressure has dropped by three times, allowing room for a breakout.

Big D's Operation Guide:
In the short term, oscillating within the range. If it breaks out of the range, operate cautiously: do not enter if it doesn't break the range.
1. If it breaks above the range at 2.2165, chase long with a target of 2.256.
2. If it breaks below the range at 2.1483, go short with a target for the second pullback at 2.098.

#加密市场反弹
Follow Big D, the professional team will help you accurately target swing points; keep up with the rhythm and let assets take off!
Big D steadily doubles down on trades, low leverage, private contracts.

$XRP