WARNING! The "dead cat bounce" in XRP that could trap your capital 🪤
XRP is on a technical tightrope, and the capitulation of investors could be the last piece of the puzzle before a real move. 🎢 The analysis firm MakroVision has just released an assessment that has the entire community keeping an eye on the chart because what’s coming is not for the faint-hearted.
The recent drop was not just a simple slip; it was a sharp blow that led XRP to mark a new low, what experts call "capitulation". Basically, it's that moment where fear wins and many throw in the towel, which ironically often happens just before things calm down. After that scare, we saw a violent rebound of more than 30% 🚀, but don’t get too excited yet: MakroVision warns that while the short term looks "volatile", the medium-term trend remains bearish.