$XRP
Fluctuating around the 50% Fibonacci level near 2.02 USD in an ascending triangle structure; RSI around 42 and MACD compressed, reflecting supply absorption, so the price has not reacted immediately.
At the time of writing, XRP is trading near the 50% Fibonacci retracement level around 2.02 USD, with tightening volatility in the ascending triangle pattern. This structure often signals accumulation and the potential for a breakout when momentum reverses.
RSI is hesitant in the low 40s, consistent with accumulation rather than trend failure. MACD is compressed, nearing a bullish crossover. The price has not followed the capital flow, suggesting absorption rather than distribution; some analysts hypothesize as high as 27 USD for the long-term scenario.
Liquidity is concentrated in the current zone, testing patience more than belief. If the capital flow continues without “follow-through,” the price may be forced to react subsequently.
On the trading tool side, platforms like BingX help traders monitor capital flow and derivative positions, thus correlating the “coiling” phases with market sentiment for better risk management.