My people! Did you hear about the bombshell of $510 million in XRP 🐳 that hit the market this week? Normally, the price would plummet like a ripe coconut, but hold on! XRP not only weathered the storm but also showed that the "buying" crowd has more endurance than a grandmother at mass. 🚀
Look, I'll put it in "coffee and banking" mode: The "whales" (that is, the investors who have ridiculous amounts of XRP) decided to sell half a billion tokens. It's a crazy amount of money and brutal selling pressure. Anyone would think: "Goodbye, my money," right? Well, no.
This is where the community's superpower comes in. The "buyers" absorbed that mega-sell like a sponge, not letting the price crash. This is reflected in the Taker Buy CVD indicator which, to not complicate things, tells you that people are buying with conviction and eager to add fuel to the fire. Instead of running scared, they saw the sell-off as an opportunity and said: "You’re not going to scare me, I’m buying more". 💪
Additionally, there are two key clues that tell us XRP is strong inside:
NVT Efficiency (Usage is King): The NVT Ratio fell by 71%, and this is super good! Imagine that NVT measures how well the XRP network is being used relative to its price. Such a drop tells us that the network is being used more and better for real transactions. In other words, the XRP engine is healthier than ever. ⚙️
The Triangle of Tension:Right now, XRP is "tight" like a musical accordion between $2.023 and $2.218. It is moving within what we call a "symmetrical triangle". When a price is compressed like this, it's like you're pulling a rubber band: the breakout that comes after, whether up or down, will be explosive! 💥 And watch out, the general sentiment (we see it in the funding rates that rose by 127%) is that people are betting en masse that the explosion will be upwards.

The Summary to take away: The whales tried to scare and push the price down, but the buyers absorbed all the impact. The network is strong and the price is at a maximum compression point ready for a big move. The question is: Can the buyers break the resistance of $2.218 and confirm that this hold wasn't a coincidence?
Watch this level: If XRP cleanly breaks $2.218, the rocket has a green light. If it falls below $2.02, the correction is going to be more painful. What do you think will happen with this pulse of giants? I’m reading you! 👇$XRP
