🔍 Is XRP nearing its peak? Here’s what the indicators say!
Recently, the currency $XRP experienced a strong upward wave that pushed the price to record levels close to 3.66, before it started to retreat and is now trading around 3.47. This movement has raised many questions among traders: Is this the beginning of a natural correction or a sign of the momentum ending?
📉 The recent candles show a decline in buying power, with the Bollinger bands converging and forming what looks like a double top. Also, trading volume has started to gradually decrease, which may indicate overbuying in the market.
✋ With gains exceeding 510% over the year, it is natural for some traders to start taking profits, especially after the currency reached clear technical resistance areas. Remember what happened with the currency bananas31 after a significant rise.
🧠 Advice for followers: In such times, intelligence is not just in the right entry but in the smart exit. Always ask yourself: Is the opportunity still promising? Or is it time to protect profits?
💬 Share your thoughts with us... Do you see XRP capable of breaking resistance and returning to rise? Or is the market starting to feel fatigued?
---
