I earlier posted today about potential downside in $XRP given that volatility has peaked in it.

According to U.Today, XRP has reached unprecedented risk levels, raising concerns about the sustainability of its recent explosive growth. Historically, such high-risk levels have been followed by significant market corrections. Despite the current strong momentum, indicators suggest a possible reversal rather than continued upward movement, especially without a consolidation phase.XRP recently surged to $2.161, demonstrating parabolic growth on the price chart. This upward trajectory has pushed the asset into overbought territory, surpassing typical resistance levels. The Relative Strength Index (RSI) is near its peak, indicating overextension. At these levels, sharp volatility is likely due to profit-taking and the absence of significant consolidation. Historically, strong rallies like this often lead to corrections as traders lock in profits and the market seeks a more stable price range.Technically, XRP's main support levels are at $2.00 and $1.80, which could serve as safety nets in case of a decline, offering potential entry points for buyers. However, if the rally continues and XRP breaks above $2.75 with significant volume, it could signal further gains, with $3 as a potential target. Such a scenario would require a substantial increase in market participation, which is uncertain given the current risk profile.The risk chart indicates that XRP is in a zone where market enthusiasm typically wanes, leading to corrections. Extreme risk is generally associated with greater downside vulnerability and less upside potential. Despite defying expectations during this rally, it is historically unlikely that XRP will maintain this trajectory without a cooling-off period. While caution is advised, XRP's recent performance has been remarkable. However, the risks for those entering new positions now outweigh the potential rewards. A pullback might provide a healthier setup for future movements, emphasizing the importance of risk management at this time.