DEAR FRIENDS TODAY'S BREAKING Pseudonymous analyst Crypto Insight UK has warned that the next major move for XRP could be a trap. In a video published on June 8, the analyst outlined a scenario where XRP surges toward $2.30–$2.40 in the short term—only to reverse violently into a sharp liquidity flush before any sustainable breakout occurs.
XRP Bull Trap Looming?
“I think XRP goes to sub-$2.0. I really do,” he said, adding: “It could come and sweep the highs here… could come up to like what, $2.30, and then push us down. That would be more pain for everyone, ‘cause everyone’s going to think we’re going to the upside.”
The setup he describes is based on market structure and liquidity dynamics, particularly the buildup of resting orders beneath XRP’s current range. “This here is a concern, a real concern for me,” he said, referring to the growing pool of liquidity below current prices. According to his internal models, such liquidity zones are statistically touched “80% of the time.”
“Someone’s trying to trick someone here,” he warned. “I’m cautious.” Despite his near-total XRP allocation—he states he’s “95%+, probably more like 98%” positioned in XRP—Crypto Insight
UK emphasized that he’s not rooting for a correction. “I don’t want it to come down,” he said. “I’m just showing you what I see.” PLS COMMENT BELOW 👇👇👇