$XRP is coiling up tight – Bollinger Bands on the 4H are squeezing, price is chilling between $2.04–$2.08... calm before the storm? 👀
Here’s the alpha:
📉 Low volatility = potential big move
🧠 Inverse head-and-shoulders spotted – neckline at $2.20
📈 Derivatives market is heating up:
— Volume up 70% ($4.22B)
— OI +5.91% ($3.32B)
— Options volume 🔥 +177.77%
— Options OI 🚀 +60.77%
This ain’t just noise – that’s serious positioning.
Leverage is ticking up too (+1.04%), and short liquidations are stacked between $2.15–$2.20. If bulls punch through that zone, we could see a liquidation cascade → 🚀
On-chain’s holding strong:
✅ Active addresses +1.37%
✅ Transactions +0.94%
So… all signs point to a breakout. If XRP flips $2.20 into support, $2.48 is next up. Stay sharp, fam. This could move fast. 🧠💥