$XRP | The Final Shakeout Before the Send? 🚀📉
$XRP is currently testing a "Line in the Sand" at the $1.38 – $1.41 support zone. After a massive realized loss spike (capitulation), we are seeing signs that the sellers are finally exhausted. Is this the bottom?
⚡ The Trade Setup: Long (High Probability)
• Entry Zone: $1.3850 – $1.4100
• Stop Loss: $1.3400 (Below the key structural support)
• Target 1: $1.5000 (Psychological Resistance)
• Target 2: $1.6200 (21-Day EMA Reclaim)
• Target 3: $1.7600 (Major Liquidity Gap)
🔍 Why This Setup is a Winner:
1. Massive Capitulation: On-chain data shows nearly $1.93B in realized losses this week. Historically, these panic-selling events mark major market bottoms.
2. Bullish Divergence: While the price is sliding, the MVRV indicator remains negative (-4.1%), signaling that XRP is currently undervalued and prime for a mean-reversion bounce.
3. The "Clarity" Narrative: With a 90% probability of the Digital Asset Clarity Act passing by April, the smart money is likely accumulating this "fear" while retail sells.
⚠️ Execution Strategy:
Watch for a 1-hour candle close above $1.44 to confirm the momentum shift. If we hold $1.39, expect a fast grind toward $1.60. Use 3x-5x leverage to manage the current market volatility.
Are you accumulating with the whales or waiting for $1.20? Let me know your bias below! 👇
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