๐ฃ $XRP volatility is coming: price is compressing into an apex as we enter into the last week of July. Over the last few days, we have retraced back to ascending support, with the daily 50 EMA overhead as major resistance ($1.14). The line must hold. Enjoy XRP family ๐๐ป
โ ๏ธ REMINDER: any relief that loses momentum below $1.30/$1.61 for $XRP warrants caution; both the weekly 20/50 EMA's are major resistance & have guided this downtrend for nearly a year. Respect the trend until they are reclaimed ($1.29/$1.60). Stay Focused ๐ฏ
โผ๏ธ $XRP CHART UPDATE โผ๏ธ
Always respect the trend: since the Jan 2026 20/50 weekly EMA death cross, bears remained in control โ May's relief rally hit a local high at the 20 WEMA, opening a drop from $1.35 to $1.00.
So even if we pump to $1.29/$1.60, heavy resistance dominates.
So many bullish narratives this year with expectations of much higher targets and here we are 70% down. Am I fussed? Not really. Why? Because the charts told me it was coming fairly early on in the year. I'm at ease with my conciounce mate. If you disagree with charts, that's OK :)
Despite calling the $XRP drop to $1.00 earlier in the year, my macro outlook remains incredibly bullish ๐ค โ 70/90% correction are common every few years. 12 months in, the next few years are looking to be a major repricing towards $8/$13/$27. Not an if, but a when.
I don't see a new ATH in 2026, let's put it that way. I do have other time based projections and targets, leaning more towards $8/$13+ by 2029. I'm calm and collected on how things move. I would say it's lowering expectations, but even the historical data over the last 13/14 years backs the idea of the next cyclical top in 2029.
The idea is simple.
1) $XRP's performance in the first half of every U.S. midterm year has been bearish
2) The second half, however, has consistently presented much stronger macro opportunity
A structured DCA approach in H2 during midterms has proven highly effective ๐บ๐ธ #NFA.
@Fruition_Films ฤฐts a pity that xrp price is still very low. This documentary would be very interesting if would xrp hit 7-8$. But if xrp is still a shitcoin the documentary will be not so interesting.
$XRP history matters and should be accounted for. Past performance doesn't guarantee future results, yet the data to back a 2029 peak is already established. We may not agree on many price outlooks @MoonLamboio, but i am always greatful for you sharing different perspectives ๐ซถ๐ป
๐ฃ $XRP volatility is coming: price is compressing into an apex as we enter into the last week of July. Over the last few days, we have retraced back to ascending support, with the daily 50 EMA overhead as major resistance ($1.14). The line must hold. Enjoy XRP family ๐๐ป