This magnet that has a level of $1.40 is no coincidence, family: we are in the eye of a technical compression hurricane where every penny counts to define the future of XRP. 🌪️
Forget about seeing this as a free fall; what analyst EGRAG CRYPTO is putting on the table is a "pressure cooker" technically. Imagine that the price is trapped in an alley that is getting narrower. On one side, we have the 21-period EMA (that yellow line on the monthly chart that is like the border of freedom) and, on the other, a real exhaustion of sellers. Have you noticed that the red candles are getting smaller? That is not weakness of the buyers, it is that those who wanted to sell are running out of gas. ⛽📉