$XRP empty!! 1.50 is a slow downward slope for shipping—not the bottom—within 7 days it climbed 49.85%, the fuel burned out early. The high at 1.55 cannot be broken through. The order book buy volume is thicker than sell volume by 1.21x, looks like support, but in reality the price is pinned at 1.50 and won’t move sideways. Spot active buy-sell ratio is 0.847; active buys for the contract are 46.8%, and it’s still dropping. In the spot market over the last 3 hours there was a net outflow of 440 million U, and among 12 candles not a single one went red. RSI 85.3 is overbought; open interest shrank by 1.32% over 7 hours. The rally momentum has all been extracted. Short at 1.50. Stop loss at 1.60. Targets: 1.435 and 1.384. Once the bulls have lifted the sedan, it’s time to collect and leave.
