$XRP sits at $1.24, down 5.53% in 24 hours, while Standard Chartered’s $28 supply shock target is flooding crypto feeds. You actually buying this dip, or waiting for a clearer signal?
Liquid supply is shrinking, ETF demand is ticking up, but price action is stuck in neutral. No whale exit signs on chain yet, just traders taking profits after the recent pop. That $28 target is a 2025 play, not a next week moonshot.
The biggest flaw in this bull case? A broad market pullback that drags $XRP below $1.10 before the supply crunch hits. Wait for volume to hold above $1.30 for 3 consecutive days to confirm strength, otherwise keep cash on hand.
#Write2Earn #BinanceSquare #XRP #TradingTournament #AlphaTrading
Liquid supply is shrinking, ETF demand is ticking up, but price action is stuck in neutral. No whale exit signs on chain yet, just traders taking profits after the recent pop. That $28 target is a 2025 play, not a next week moonshot.
The biggest flaw in this bull case? A broad market pullback that drags $XRP below $1.10 before the supply crunch hits. Wait for volume to hold above $1.30 for 3 consecutive days to confirm strength, otherwise keep cash on hand.
#Write2Earn #BinanceSquare #XRP #TradingTournament #AlphaTrading
