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$XRP
big sell amount. Price may drop anytime.
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XRP
2.387
+24.70%
12k
0
Replies
9
Quote
4
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$XRP Warning: Why a Drop Below $2 is Likely Despite XRP's impressive rally, there are clear warning signs indicating a potential dip below $2. Here's a unique perspective on why caution is warranted: 1. Exhausted Momentum The current uptrend is showing signs of exhaustion: ▫️ Overextended RSI: The Relative Strength Index indicates an overbought market, suggesting a reversal is likely. ▫️ Reduced Volume: While price surged, trading volume has started to decline, a sign of weakening buyer interest. 2. Profit-Taking and Whale Activity Large investors, or whales, often capitalize on hype-driven price spikes. ▫️ Whale Dumping: These players may start selling off XRP at these inflated levels, triggering cascading sell-offs. ▫️ Retail FOMO: Many retail investors are entering at the top, providing liquidity for whales to exit their positions. 3. Fair Value Gap Around $1.8 - $2 Markets tend to seek balance by filling fair value gaps: ▫️ Unfilled Gaps: XRP has left gaps in the $1.8-$2 range, making a correction to this level likely. ▫️ Technical Support Zones: Historical data shows stronger buying support below $2, which the market might test. 4. Increased Market Volatility XRP's recent spike has increased market uncertainty: ▫️ Liquidation Risks: A correction could trigger liquidations for leveraged positions, accelerating the decline. ▫️ Lack of Stability: The rapid rise above $2.35 might be unsustainable without consolidation. Conclusion While XRP has shown remarkable growth, the current setup suggests a pullback to below $2 is likely. Overbought indicators, whale activity, and technical gaps all point to a correction. Traders should stay cautious and consider securing profits before the market retraces. #XRP #RIPPLE
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🚨 Exit Alert for XRP Long Positions 🚨 It's time to close your $XRP long positions! We've already secured $300K in profits from just $5K—a massive win! Take note: Long traders are exiting and booking their profits. The market is showing signs of a potential pullback. 📉 Action Required: Close your long trades now to lock in your gains! #XRP
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USDT again surpasses XRP. Get ready $XRP will reach out to it's 6th position of market capitalization again when it will dip below 1.7$ #XRP
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USDT again surpasses XRP. Get ready $XRP will reach out to it's 6th position of market capitalization again when it will dip below 1.7$ #XRP
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XRP Price Surge: Why a Mid-Term Correction Could Be Unavoidable
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