XRP's recent trend has indeed been a roller coaster. The rebound some time ago looked very vigorous, but then it turned around and started to decline, now stuck halfway up the mountain. Looking closely at the technicals, this rebound seems more like a bait for bears—the beginning of a new downtrend is unfolding.
From a technical indicator perspective, the situation is not very optimistic. All technical indicators are signaling warnings, with short-term bearish forces clearly in the lead. Market sentiment is also beginning to turn cautious, and holders should be careful.
The key point still depends on whether the $2.0 support level can hold. If it doesn't, there is even more downside potential. Currently, it is recommended to control risk exposure and closely monitor the performance at this price level.
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ApeWithNoFear
· 9h ago
Here comes the same old short-seller bait again. Say it every time. Do you still want to fool me?
Breaking below $2 doesn't scare me; I'm in for the long haul anyway.
No matter how much the bears manipulate, they can't change the fundamentals of XRP. Let's wait and see.
Indicators warning? Ha, technical analysis is deceptive. I only look at candlestick charts.
It's still early to pinpoint the real bottom. Calling out risks now is just amateurish.
This dip might actually be a good opportunity to get in. Why be so timid?
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NFTregretter
· 9h ago
Here comes another rebound to cut the leeks, same old trick
Breaking below $2.0, we really need to see blood
Still the same advice, short-seller bait is everywhere, protect your principal
When all indicators turn red, it's time to be cautious
How much can this drop if it continues? No one can say for sure
Once the support line breaks, it's game over, there's nothing more to say
The technicals are a mess, should have sold everything long ago
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DancingCandles
· 10h ago
Another bear market trap, I've seen this trick with XRP many times
If you can't hold 2.0, it's game over. Brothers holding positions should cut losses
A rebound is a selling opportunity, don't be fooled
The technicals are a mess, all indicators are red, the bear trend never ends
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InscriptionGriller
· 10h ago
It's the same old trick again—calling a rebound a bait, and when it drops, claiming you've seen through it all along. A classic post-hoc Zhuge Liang tactic to cut the leeks.
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CryptoDouble-O-Seven
· 10h ago
Here comes the old trick of harvesting the little guys again; a rebound is just a trap.
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OnchainGossiper
· 10h ago
Another rebound trap, I know this routine too well.
If 2.0 breaks, it's really over. Keep the short positions and wait for the bottom.
This wave of XRP is a bit fierce. Risk exposure still needs to be controlled.
Bait rebound... almost in and out quickly, headache.
Are the bears so fierce? Then I'll just observe for now, no rush.
XRP's recent trend has indeed been a roller coaster. The rebound some time ago looked very vigorous, but then it turned around and started to decline, now stuck halfway up the mountain. Looking closely at the technicals, this rebound seems more like a bait for bears—the beginning of a new downtrend is unfolding.
From a technical indicator perspective, the situation is not very optimistic. All technical indicators are signaling warnings, with short-term bearish forces clearly in the lead. Market sentiment is also beginning to turn cautious, and holders should be careful.
The key point still depends on whether the $2.0 support level can hold. If it doesn't, there is even more downside potential. Currently, it is recommended to control risk exposure and closely monitor the performance at this price level.