😱 Is XRP about to undergo a major change?! May's market trend could ignite the market 📉💥📈

**XRP's recent price has been stagnant, hiding signals of a significant breakthrough or crash!** Despite the entire crypto market being under pressure, XRP continues to hold key support levels, but the next direction remains unclear.

🔍 Short-term Analysis: Has a 'false rebound' occurred?

Since bottoming out on April 7, XRP's rebound has been chaotic, showing no strong upward movement.

Currently, support is solid within the $2.08 - $2.14 range. Although the price briefly broke below the Fibonacci support, it quickly rebounded, and the market continues to build a 'higher highs + higher lows' structure, subtly releasing positive signals.

📉 Beware of unstable structures: The third wave of the upward movement is still unclear.

Analysts preliminarily believe that XRP may be brewing an ascending diagonal structure. If it can break through the downward trend line since April 30, it may initiate an internal third wave upward.

🔼 Key Resistance Levels:

$2.33

$2.46

A successful breakout could lead to a new round of increases!

💣 Ripple suddenly releases 1 billion XRP: Negative or positive?

At the beginning of May, Ripple unlocked another 1 billion XRP. Although an increase in supply usually puts pressure on prices, if used for strategic acquisitions (such as the rumored acquisition of Circle), it could instead strengthen XRP's ecosystem, beneficial for mid to long-term trends.

📌 Conclusion: XRP is at a critical juncture

If the price breaks through the trend line and firmly stands above the key resistance levels, XRP is expected to experience an explosion; but if support is lost, market panic will likely heat up again.

Do you think XRP can go against the trend this month? 📊