The 1-hour K-line chart of XRP makes my heart race, this is definitely not ordinary volatility, but an institutional long trap laid at $0.0063!
If you are still hesitating whether to get on the bus at this moment, you may miss the most violent market surge of the year!
Currently, XRP is repeatedly testing 0.0063, like a tightly compressed spring.
The bloody resistance level on the chart is 0.0066, hanging high, with three defensive lines at 0.0059, 0.0052, and 0.0046 reinforced layer by layer, but the truly fatal factor is: the trading volume suddenly shrinks to a minimum, this is the deathly calm before the storm!
The technical aspect hides the gene for violent surges.
In the 1-hour K-line, multiple key moving averages are densely entangled around 0.0063, which is a typical bullish accumulation pattern! More critically:
The MACD green bars continue to shrink but refuse to dead cross, indicating that the bears can't push down at all.
The price has tested 0.0059 three times and has been instantly pulled back each time, proving that institutions have placed hundreds of millions in buy orders here.
The委比 data has quietly turned positive, indicating that the bulls are secretly gathering strength.
Once it breaks out with volume beyond 0.0066, there will be no resistance above; a straight surge is just a matter of time!
News bombs are continuously detonating.
A significant turning point has occurred in the Ripple vs. SEC lawsuit, with insider news indicating that the settlement agreement has entered the final signing stage!
Mitsubishi UFJ Bank of Japan has announced the use of XRP for cross-border settlements, and traditional financial institutions are starting to lay out large-scale positions!
Dubai sovereign fund increases its holdings in XRP by over $200 million, Middle Eastern capital is crazily bottom-fishing!
Retail investors' life-and-death decisions tonight.
Remember the violent rule of Lan Xuan: In a bull market, only buy at support, and run immediately if it breaks support!
If it holds firm at 0.0063, the current price can be directly positioned.
If it falls back to support at 0.0059, double the position.
Avoid blindly shorting around 0.0063—this is the institutional cost zone, and it could explode and crush shorts at any time!
Follow Lan Xuan, doing it alone is never as comfortable as teamwork; you want to make money, I want to prove myself, that's all!
