Federal Reserve vs. Trump! XRP Steadily Stays at $3, What Secrets Are Hidden Behind?
Friends, it's time to watch the show! The Federal Reserve has responded for the first time to 'Trump wanting to fire Cook', directly saying 'See you in court'! This operation is even more thrilling than a soap opera, but what we care about most is—why hasn't XRP collapsed, but instead remains stable around $3?
1. Why Didn't the Crypto Market Get Scared by the Federal Reserve's Tough Stance Against Trump?
The Federal Reserve's response seems full of hostility, but in reality, the market has long expected both sides to go through legal procedures. Experienced players in the crypto world understand: such high-level games are unlikely to yield results in the short term, so the price of XRP wasn't directly impacted. The latest price is $3.0072, still oscillating between support and resistance levels on the chart.
2. Where Does XRP's Resilience Come From?
Despite the lively news, the technical fundamentals of XRP are the hard truth! From the attached chart, we can see that the MACD indicator hasn't exploded, and the trading volume hasn't surged abnormally, indicating that big funds are still observing. The old captain believes that XRP has two main strengths: first, the lawsuit between Ripple and the SEC has a buffering effect; second, the Federal Reserve's response hasn't yet pierced the lifeblood of the crypto market.
3. What Happens Next? Keep an Eye on These Two Points!
In the short term, XRP is likely to continue oscillating, but friends should be cautious:
News Development: If the battle between Trump and the Federal Reserve escalates, affecting financial regulatory policies, it may indirectly influence crypto market sentiment;
Technical Breakthrough: If it stabilizes above the $3.1 resistance level, it may open up upward space; otherwise, it could retrace to the $2.9 support level.
Captain's Summary
When big shots are fighting, small investors don’t panic! XRP is now like the 'onlookers', watching the drama while gathering strength. What we need to do is simple: hold our chips well, keep an eye on the news, and avoid chasing highs and selling lows!
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