🧐 Technical Analysis $XRP as of February 24: Historical capitulation or imminent bounce? 🚀
Good morning Ripple family. We're kicking off today with an eye on the chart of $XRP because we are facing an event we haven't seen since 2022: a wave of massive capitulation.
I just reviewed the on-chain data, whale flows, and technical analysis from this weekend, and this is what I see: 1️⃣ Current Price: XRP is trading around $1.38 - $1.42, after extending its losses in February, which is shaping up to be the worst month for the token since 2018, with a drop of nearly 30% from January's highs.
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thank you for your teachings alondra, by the way your voice is nice
ALØNDRACRYPTØ1
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At Dervis-Pro-Capital, we don't operate for sport, we operate for profit. If you have been watching the sideways market since Wednesday, open your eyes: you are in the risk zone. 📉
🔍 TODAY'S RADIOGRAPHY (8 FEB): Brutal Lateralization: The market does not break 548 - 551 Bs.
The Spread Deception: A margin of 4 to 5 bolívares seems like something, but subtract the commissions from Binance + the % from banks for Pago Móvil or transfer. What do you have left? Crumbs. 💸
Risk vs. Profit: You are moving high capital for minimal return. In this "crazy" market, a movement against you and your day's work is taken by the bank.
🏛️ POLITICAL CONTEXT: With the Oil Reform and the expectation of flights with the U.S., the flow of bolívares is "heavy". Whales keep the price sideways to accumulate, while the retailer wears out on commissions. Don't be the one who gives them the work! 🛡️
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Verified trader with Token BAB (SBT from Binance) - BABT Token ID: #1280208
Hello, congratulations! You deserve it. Keep fulfilling your dreams; you are incredible. God bless you.
ALØNDRACRYPTØ1
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$BNB ¡A DREAM COME TRUE! 🏆💛 Yesterday I took the day off to rest and disconnect, but today upon waking up, I COULDN'T believe what I SAW! BINANCE has given me a reward that fills me with immense joy.
Seeing my name, ALØNDRACRYPTØ, in the Content Picks of the Day for February 8th and receiving a tip is a dream come true. It has been days of great effort and dedication, always maintaining honesty and Love in every piece of advice and striving for all of us to trade with peace of mind. And seeing myself there among other great content creators is a sign that we are on the right path.
THANK YOU @Binance Square Official for valuing the quality of real content and thanks to you for being there at every step. This is just the beginning! 🍀
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