🚀 $XRP Nears All-Time High But Faces Bearish Challenges


#XRP 's incredible 424% surge in four weeks has brought it close to its 3.31$ ATH, sparking investor optimism. However, bearish signals loom:


📉 Key Concerns:

*/ Mean Coin Age is dropping, signaling increased trading over long-term holding.

*/ 98% of supply in profit, often a precursor to selling pressure.


🔮 What’s Next?

*/ Bullish scenario: Breaks ATH if momentum holds above $2.

*/ Bearish risk: Pullback to $2 support, jeopardizing gains.


XRP’s rally is thrilling, but cautious investors are watching for signs of a reversal. Will it hit new heights or face a correction? 🌐 #Ripple #Altcoin Season#

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December 04, 2024 at 2:56 PM
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