'Once the 2.55 defense line collapses, a torrent of plunge will be unstoppable!'
Currently, XRP is dancing on the tip of a knife! The 1-hour candlestick is tightly glued to the lower Bollinger band around 2.56, with a price of 2.5836 like stepping on thin ice. The highest at 2.6017 can't even touch the middle band, while the lowest at 2.5536 is teetering on the edge! The technical indicators have already sounded the red alarm:
Bollinger band shows a downward 'death opening': The trajectory is clearly sloping downwards, with the middle band around 2.5950 becoming a heavy ceiling, and every rebound is severely pushed back, with bears completely in control!
MACD reveals the 'false golden cross' fangs: Although DIF and DEA seem to have a golden cross, the histogram line at 0.0002 is as fine as a hair! This is clearly a 'bull trap' that could turn down at any moment!
Volume exposes the main force's conspiracy: A sudden increase in volume at the close fails to push the price up, which is clearly a classic signal of 'main force offloading.' Retail investors are still fantasizing about buying the dip? Beware of catching falling knives!
News nuclear bomb detonations continue, adding insult to injury for XRP!
SEC lawsuit 'backfire' is here: Although Ripple achieved some victories last year, the SEC is tightening its grip with appeals! The latest court documents show the SEC is fixated on institutional sale issues. If they lose, exorbitant fines will trigger a massive shock!
Whales are frantically 'trampling and fleeing': On-chain data captures multiple whale addresses recharging over 40 million XRP to Binance within 24 hours! Big holders are running, are you still waiting for a rebound?
Institutions 'vote with their feet' to exit: Grayscale XRP Trust XRPB continues to show large negative premiums, large funds are selling off at bargain prices, and institutional confidence is collapsing!
Key battle point: Keep a close watch on the two critical life and death lines tonight!
'Hell's Gate' support level: 2.5500
If it breaks down with volume, it will trigger a technical sell-off tsunami, heading straight for the abyss at 2.48 or even 2.30!
'Lifeline' resistance level: 2.5950 Bollinger middle band
Only a violent surge breaking through this point can provide a brief respite, but the probability is akin to winning the lottery!
Ultimate market projection: Darkness looms, do not catch knives!
'CPI nuclear bomb + technical breakdown, XRP may plunge into a bottomless pit!'
US CPI data is the ultimate judgment! If inflation exceeds expectations again, the Fed's dream of rate cuts will be shattered, and the entire cryptocurrency market will bleed profusely, with XRP inevitably at the forefront!
Short-term strategy:
Shorting on highs is the way to go! Be decisive to short in the 2.5850-2.5950 range, with a stop loss above 2.6050;
Any bottom fishing is strictly prohibited! Especially stay away from leverage; if 2.55 breaks, immediately chase the short!
Midline Alert:
Only a steady volume above the 2.62 Bollinger upper band can reverse the deadlock; otherwise, every rebound is an opportunity to escape!
Big D blood and tears warning: Retail investors, please leave the fire scene quickly!
XRP has entered the 'high-risk minefield'! The lower Bollinger band + negative news + large holders fleeing form a 'death triangle.' Buying the dip now is akin to jumping off a cliff! To survive, remember:
'Better to miss than to make a mistake! Keep the principal intact, and a bull market will turn things around!'
$XRP
Focus on Big D, where a professional team will guide you to accurately strike at swing points. Keep up the rhythm and let your assets take off!
Big D steadily doubles down, low leverage, private contracts#Xrp🔥🔥
