$XRP BOUNCES TO $1.05 BUT VOLUME AND HOLDERS FLASH WARNING ⚠️
XRP hit $1.05 but the volume wasn't there to back it up. The daily RSI sits at 38, well below neutral, and a hidden bearish divergence is forming on the chart — lower price highs while RSI makes higher highs. This usually ends with a sweep.
Long-term holders reduced their buying by 11% over the past two days, and open interest dropped 11% too with negative funding rates. That actually reduces the risk of a sharp liquidation cascade, but it also means buyers aren't stepping up with conviction.
Are you waiting for a close above $1.07 to bid, or do you see a drop to $1.00 first?
Not financial advice. Always manage your risk.
#XRP #Altcoins #VolumeAlert #BearishDivergence
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XRP hit $1.05 but the volume wasn't there to back it up. The daily RSI sits at 38, well below neutral, and a hidden bearish divergence is forming on the chart — lower price highs while RSI makes higher highs. This usually ends with a sweep.
Long-term holders reduced their buying by 11% over the past two days, and open interest dropped 11% too with negative funding rates. That actually reduces the risk of a sharp liquidation cascade, but it also means buyers aren't stepping up with conviction.
Are you waiting for a close above $1.07 to bid, or do you see a drop to $1.00 first?
Not financial advice. Always manage your risk.
#XRP #Altcoins #VolumeAlert #BearishDivergence
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