🛑
$XRP T PRICE INCREASE OR COLLAPSE? WARNING "BREAK BEFORE THE CRASH" IS BEING ISSUED! ⚠️
New analysis from Timestabloid provides a contrasting view on
$XRP : A minor price increase (break) may just be a false signal before a larger collapse (crash).
📉 Scenario "Break Before The Crash"
Trap Pattern (
#bulltrap ): Analysts are warning that the recent price increase of XRP could be a "bull trap," designed to lure in retail buyers before the price is pushed down sharply.
Unstable Resistance Level: XRP may have broken a small resistance level, but not enough strength to maintain the upward momentum. This could lead to the price quickly falling back below the broken resistance level.
Liquidation Risk (
#liquidation ): If this pattern occurs, it will trigger mass liquidations of long positions opened after the false price increase, increasing selling pressure and leading to a deeper collapse.
💡 What to Watch For
Volume (
#Volume ): For the price increase to be real, it needs to be supported by large and stable trading volume. If the volume is low while the price increases, the risk of a trap is higher.
Survival Support Level: Investors need to closely monitor historical support levels. Breaking these levels will confirm the bearish scenario.
👉 In summary: XRP is in a high-risk phase. While the community is optimistic, professional traders need to manage risk and be prepared for both scenarios: Sustainable price increase or a collapse following a brief price surge.
#XRP #CryptoAnalysis