What short-term trading really needs to look at: the 24-hour high is 2.28, the low is 2.14. Trading volume is 390 million USD. Honestly, this volume isn’t explosive for $XRP , but it’s also not weak. The key is the 2.28 level—if it breaks through, it’s a whole new world; if it can’t push through, then it has to come back and grind.
The community is currently split into two camps: one believes that after $XRP and that little matter with the SEC settles, institutional capital will eventually come in; the other believes this coin is just meant to swing back and forth like curtain calls—don’t expect it to run a trend. On-chain, there is at least a bit of interest: the large-holder addresses haven’t really moved lately, suggesting big money is still watching.
Old veterans all know this: coins like $XRP usually feel listless day to day, but once volume expands and a breakout happens, that huge bullish candle can make you question reality. But on the flip side, fake breakouts have fooled quite a few people too. The current long-short ratio isn’t extremely lopsided, which suggests the market hasn’t...
The community is currently split into two camps: one believes that after $XRP and that little matter with the SEC settles, institutional capital will eventually come in; the other believes this coin is just meant to swing back and forth like curtain calls—don’t expect it to run a trend. On-chain, there is at least a bit of interest: the large-holder addresses haven’t really moved lately, suggesting big money is still watching.
Old veterans all know this: coins like $XRP usually feel listless day to day, but once volume expands and a breakout happens, that huge bullish candle can make you question reality. But on the flip side, fake breakouts have fooled quite a few people too. The current long-short ratio isn’t extremely lopsided, which suggests the market hasn’t...