Recently, I opened the market software and saw discussions about XRP everywhere — whether to chase it or not, will it drop, should I get on board. Some people are panicking and cutting losses out of fear of missing out, others are anxiously chasing highs afraid of missing the opportunity. Honestly, it's like a nationwide anxiety feast.
As a trader who has been watching XRP for three years, let me be frank with you today: this rally is far from over, but whether it can continue to take off depends on how two price levels perform.
Let me be clear about my approach — I only look at two things to judge trend strength: the structure of highs and lows, and moving average positions. How clear is XRP's momentum right now? It's climbing steadily like stairs with "higher highs + higher lows," and price is always staying above all major moving averages. It's like climbing a mountain with solid footholds — each pullback is setting up for a higher jump, not a slip and fall. Those minor pullbacks from before? Hardly a collapse signal, just the market taking a breath and resting.
But to be honest, this recent rally has been somewhat unrealistically strong, like it's been injected with steroids and shooting up in a straight line. Old traders know well that this kind of "rocket-style" rally can't fly forever. Sooner or later it needs to land and recharge. The current consolidation around 2.34 is exactly this adjustment process — like catching your breath after a sprint, then deciding whether to keep pushing or pull back.
The key is right here. The critical level I'm most focused on is the 2.42-2.45 zone. Long-time followers should remember that last time XRP charged up here, sellers pressed it down — this is the market's "natural firewall." My judgment is: if it can firmly hold above this zone, then 2.60 is basically secured; otherwise, we need to reconsider.
Recently, I opened the market software and saw discussions about XRP everywhere — whether to chase it or not, will it drop, should I get on board. Some people are panicking and cutting losses out of fear of missing out, others are anxiously chasing highs afraid of missing the opportunity. Honestly, it's like a nationwide anxiety feast.
As a trader who has been watching XRP for three years, let me be frank with you today: this rally is far from over, but whether it can continue to take off depends on how two price levels perform.
Let me be clear about my approach — I only look at two things to judge trend strength: the structure of highs and lows, and moving average positions. How clear is XRP's momentum right now? It's climbing steadily like stairs with "higher highs + higher lows," and price is always staying above all major moving averages. It's like climbing a mountain with solid footholds — each pullback is setting up for a higher jump, not a slip and fall. Those minor pullbacks from before? Hardly a collapse signal, just the market taking a breath and resting.
But to be honest, this recent rally has been somewhat unrealistically strong, like it's been injected with steroids and shooting up in a straight line. Old traders know well that this kind of "rocket-style" rally can't fly forever. Sooner or later it needs to land and recharge. The current consolidation around 2.34 is exactly this adjustment process — like catching your breath after a sprint, then deciding whether to keep pushing or pull back.
The key is right here. The critical level I'm most focused on is the 2.42-2.45 zone. Long-time followers should remember that last time XRP charged up here, sellers pressed it down — this is the market's "natural firewall." My judgment is: if it can firmly hold above this zone, then 2.60 is basically secured; otherwise, we need to reconsider.