Saqib Hasslah
Άνοιγμα συναλλαγής
1.4 χρόνια
0 Ακολούθηση
20 Ακόλουθοι
25 Μου αρέσει
0 Κοινοποιήσεις
Δημοσιεύσεις
Χαρτοφυλάκιο
Analyst Spots An XRP Warning Signal. Here’s What to Expect
$XRP Crypto markets often reveal major trend shifts on higher timeframes long before price action confirms them on shorter charts. XRP now trades at a level that has historically separated long-term bullish phases from extended bearish cycles. This positioning has placed XRP under renewed technical scrutiny as traders assess whether the broader trend remains intact.
The discussion intensified after STEPH IS CRYPTO shared a detailed technical breakdown on X, highlighting a recurring signal on XRP’s monthly chart. In his analysis, Steph focused on XRP’s interaction with the monthly trend ribbon, an indicator that has previously marked decisive shifts in long-term momentum.
👉Why the Monthly Trend Ribbon Matters for XRP
The monthly trend ribbon acts as a long-term momentum filter rather than a short-term trading signal. When XRP trades above the ribbon, the market typically operates within a bullish regime where trend support remains intact. When the price moves below the ribbon, momentum often flips negative and signals a confirmed bearish environment.
Because the ribbon relies on slow-moving averages, it minimizes noise and highlights structural changes in market direction. Traders, therefore, treat monthly closes around this level with heightened importance.
👉Historical Breakdowns and Their Consequences
Steph pointed to two historical periods where XRP lost the monthly trend ribbon with significant consequences. In 2018, XRP confirmed a break below the ribbon and entered a sustained bearish trend that produced a decline of roughly 65%. In 2022, XRP repeated this behavior and followed with an additional drop of approximately 54%.
In both instances, the loss of the ribbon did not signal a temporary pullback. Instead, it confirmed a broader trend reversal that unfolded over multiple months.
👉XRP Approaches a Critical Monthly Decision Point
XRP currently hovers directly at the monthly trend ribbon, placing the market at a technical inflection point. Steph emphasized that the warning signal only
$XRP Crypto markets often reveal major trend shifts on higher timeframes long before price action confirms them on shorter charts. XRP now trades at a level that has historically separated long-term bullish phases from extended bearish cycles. This positioning has placed XRP under renewed technical scrutiny as traders assess whether the broader trend remains intact.
The discussion intensified after STEPH IS CRYPTO shared a detailed technical breakdown on X, highlighting a recurring signal on XRP’s monthly chart. In his analysis, Steph focused on XRP’s interaction with the monthly trend ribbon, an indicator that has previously marked decisive shifts in long-term momentum.
👉Why the Monthly Trend Ribbon Matters for XRP
The monthly trend ribbon acts as a long-term momentum filter rather than a short-term trading signal. When XRP trades above the ribbon, the market typically operates within a bullish regime where trend support remains intact. When the price moves below the ribbon, momentum often flips negative and signals a confirmed bearish environment.
Because the ribbon relies on slow-moving averages, it minimizes noise and highlights structural changes in market direction. Traders, therefore, treat monthly closes around this level with heightened importance.
👉Historical Breakdowns and Their Consequences
Steph pointed to two historical periods where XRP lost the monthly trend ribbon with significant consequences. In 2018, XRP confirmed a break below the ribbon and entered a sustained bearish trend that produced a decline of roughly 65%. In 2022, XRP repeated this behavior and followed with an additional drop of approximately 54%.
In both instances, the loss of the ribbon did not signal a temporary pullback. Instead, it confirmed a broader trend reversal that unfolded over multiple months.
👉XRP Approaches a Critical Monthly Decision Point
XRP currently hovers directly at the monthly trend ribbon, placing the market at a technical inflection point. Steph emphasized that the warning signal only
As of October 6, 2024, Pi Network has a total supply of 68 million tokens, out of a maximum supply of 100 billion tokens.
Token Distribution:
80% Locked (for a 3-year vesting period) – Ensuring price stability.
20% Circulating Supply (13.6M tokens):
65% (8.84M) – Mining rewards for users.
10% – Ecosystem development.
5% – Liquidity provision on exchanges.
This structured tokenomics ensures long-term stability, rewards for users, and sustainable ecosystem growth.
#PiNetwork #PiCoin #CryptoTokenomics #Blockchain
$BTC $ETH $BNB
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.
BTC
85,645
+7.62%
ETH
2,256.9
+6.83%
BNB
595.2
+4.49%
162.2k
Views
224
Likes
33
Quotes
1
Tips
9
Shares
34 Replies
Most Relevant
Most Recent
splashcode
#PiNetworkMainnet
Token Distribution:
80% Locked (for a 3-year vesting period) – Ensuring price stability.
20% Circulating Supply (13.6M tokens):
65% (8.84M) – Mining rewards for users.
10% – Ecosystem development.
5% – Liquidity provision on exchanges.
This structured tokenomics ensures long-term stability, rewards for users, and sustainable ecosystem growth.
#PiNetwork #PiCoin #CryptoTokenomics #Blockchain
$BTC $ETH $BNB
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.
BTC
85,645
+7.62%
ETH
2,256.9
+6.83%
BNB
595.2
+4.49%
162.2k
Views
224
Likes
33
Quotes
1
Tips
9
Shares
34 Replies
Most Relevant
Most Recent
splashcode
#PiNetworkMainnet
Ramadan Mubarak to all observing this blessed month! 🌙 May it bring you peace, joy, and endless blessings. #RamadanMubarak #Blessings #Peace #Joy #RamadanwithBinance
10h
128 Replies
Most Relevant
Most Recent
Ennocent Boy
10h
128 Replies
Most Relevant
Most Recent
Ennocent Boy
Συνδεθείτε για να εξερευνήσετε περισσότερα περιεχόμενα