【Think XRP is going up? The data says: not really】
When people see the words “XRP” and “Greed” together, their minds start running wild—is it about to take off again?
Take it easy. It’s up 0.3% in 24 hours and 1.3% over seven days. What kind of rally is that? It’s just not going down. At this pace, you think the whales are going to pump it? Even they’d shake their heads.
The market can be summed up in one word: grinding.
It’s been grinding away in the 1.46–1.56 range for days. It can’t seem to push lower, but there’s not enough volume to break higher. Every time you think it’s about to break out, it pulls back again. This kind of market is exhausting—you haven’t lost much money, but watching your account go nowhere is enough to make you itch.
Volume tells you the truth: the market is sitting on the sidelines. Everyone’s waiting for someone else to make the first move; nobody wants to show their hand. That’s when fake breakouts are most likely—price shoots up, lures in a wave of buyers chasing the rally, then gets slammed right back down. I saw this playbook in 2017, and they haven’t even changed how they fleece people.
As for the headlines, don’t take them too seriously. A SPAC merger rallying 300%? That’s a shell-company game—what does it have to do with the XRP you’re holding? And that appointment of the former SEC official? At most, it’s an emotional placebo. People forget about it as soon as the hype dies down.
So where does this move go from here?
I can’t give you the answer, but I can tell you what I’m basing my view on: 1.46 is the line in the sand—if it breaks, I’ll consider XRP a lost cause. 1.56 is resistance; let’s talk about the bulls once price holds above it. Until we get a clear signal at either level, I’m just watching from the sidelines.
How am I feeling right now?
Honestly, I’m itching to make a move, but I’m holding back. Not because I’m especially disciplined—those losses I took in 2021 still sting. That feeling of “I thought it was going up, and then I got trapped” is something you only need to experience once.
What about you? If you’re holding XRP right now, how are you feeling? Do you think it’ll break out this time, or keep grinding?
When people see the words “XRP” and “Greed” together, their minds start running wild—is it about to take off again?
Take it easy. It’s up 0.3% in 24 hours and 1.3% over seven days. What kind of rally is that? It’s just not going down. At this pace, you think the whales are going to pump it? Even they’d shake their heads.
The market can be summed up in one word: grinding.
It’s been grinding away in the 1.46–1.56 range for days. It can’t seem to push lower, but there’s not enough volume to break higher. Every time you think it’s about to break out, it pulls back again. This kind of market is exhausting—you haven’t lost much money, but watching your account go nowhere is enough to make you itch.
Volume tells you the truth: the market is sitting on the sidelines. Everyone’s waiting for someone else to make the first move; nobody wants to show their hand. That’s when fake breakouts are most likely—price shoots up, lures in a wave of buyers chasing the rally, then gets slammed right back down. I saw this playbook in 2017, and they haven’t even changed how they fleece people.
As for the headlines, don’t take them too seriously. A SPAC merger rallying 300%? That’s a shell-company game—what does it have to do with the XRP you’re holding? And that appointment of the former SEC official? At most, it’s an emotional placebo. People forget about it as soon as the hype dies down.
So where does this move go from here?
I can’t give you the answer, but I can tell you what I’m basing my view on: 1.46 is the line in the sand—if it breaks, I’ll consider XRP a lost cause. 1.56 is resistance; let’s talk about the bulls once price holds above it. Until we get a clear signal at either level, I’m just watching from the sidelines.
How am I feeling right now?
Honestly, I’m itching to make a move, but I’m holding back. Not because I’m especially disciplined—those losses I took in 2021 still sting. That feeling of “I thought it was going up, and then I got trapped” is something you only need to experience once.
What about you? If you’re holding XRP right now, how are you feeling? Do you think it’ll break out this time, or keep grinding?