$XRP
$1.5295 +2.87%
South African bank Absa launched Ripple-powered custody. Whales keep buying. 65% of orders are buys.
Key resistance: $1.55 - $1.60. Strongest sell wall since February.
Key support: $1.48 - $1.50. Break below opens $1.35.
Futures signal conflict: Binance and Bybit smart money shows extreme bearish. $2.18B in short trades over 24 hours. Short liquidations made up nearly 80% of total liquidations.
The trade:
Hold above $1.48 = short squeeze can push to $1.60-$1.65. Break above $1.65 targets $1.80.
Lose $1.48 = first support $1.35-$1.38. Below that, $1.25.
$1.48 is the line. Hold it and shorts get squeezed. Lose it and price rolls over.
$1.5295 +2.87%
South African bank Absa launched Ripple-powered custody. Whales keep buying. 65% of orders are buys.
Key resistance: $1.55 - $1.60. Strongest sell wall since February.
Key support: $1.48 - $1.50. Break below opens $1.35.
Futures signal conflict: Binance and Bybit smart money shows extreme bearish. $2.18B in short trades over 24 hours. Short liquidations made up nearly 80% of total liquidations.
The trade:
Hold above $1.48 = short squeeze can push to $1.60-$1.65. Break above $1.65 targets $1.80.
Lose $1.48 = first support $1.35-$1.38. Below that, $1.25.
$1.48 is the line. Hold it and shorts get squeezed. Lose it and price rolls over.
