XRP is putting on a "melodrama"! The game between the big players and the retail investors?
Today's XRP market can be likened to the crypto version of "Empresses in the Palace" — just after the SEC gave the XRP futures ETF a "get out of jail free card", the price played a "roller coaster" game, plunging from $2.29 to $2.21 before bouncing back to $2.33. The big players' move of "first giving a red envelope and then offering an antidote" has left the retail investors with heart attacks and needing CPR.
1. Technical Analysis
The RSI is crazily doing sit-ups at the 58 level, and just as the MACD was showing a golden cross, it instantly turned into a "fake smile boy". The Bollinger Bands are treating the price like a yo-yo — the upper band at $2.30 displays a warning sign saying "Beware of vicious dogs", while the lower band at $2.15 sports a warm slogan saying "Retail Investor Shelter". On-chain data is even more thrilling, with whales frantically "stocking up" at $2.05 while transferring XRP to exchanges more frequently than Double Eleven deliveries, truly nailing this "hot pot base material" strategy.
2. News
The SEC is shouting "XRP is compliant", yet they quickly slapped Ripple with a $480 million "protection fee". This move of "slapping and then giving a candy" is so skillful that even the mother-in-law would call it professional. When Brazil's XRP ETF was just launched, it was like a nouveau riche, soaring 8% in a week, almost tattooing "I have money" on its face, only to be burned by the hot iron plate at $2.30.
3. Institutional and Retail Investors in Tears
Smart money has long been quietly positioning $200 million in futures contracts, leaving retail investors to play "Squid Game" at the $2.20 mark — charging forward for fear of being shot by the big players, yet hesitant to backtrack for the ETF's "wealth code". The XRP reserves on exchanges plummeted by 23%, yet the open contracts soared to $870 million, which clearly indicates "the casino owner personally shaking the dice".
Feeling lost? Can't find a way out?? Leave a comment and top teams will support you.
I am Fengyun, supported by a top team, serving only those with ambition (serious inquiries only)
