XRP's 24h VWAP currently hovers at $0.52, confirming sustained downside momentum. On-chain data indicates substantial whale outflows from exchanges, coupled with declining active addresses, signaling bearish accumulation rather than speculative upside. The $0.98 resistance level, aligning with the 0.702 Fibonacci retracement, has proven impenetrable in recent weeks, suppressing any breakout attempt. Expect continued price suppression, not a speculative pump to $1.10. 85% NO — invalid if BTC dominance drops below 48% by May 3rd.
XRP's 24h VWAP currently hovers at $0.52, confirming sustained downside momentum. On-chain data indicates substantial whale outflows from exchanges, coupled with declining active addresses, signaling bearish accumulation rather than speculative upside. The $0.98 resistance level, aligning with the 0.702 Fibonacci retracement, has proven impenetrable in recent weeks, suppressing any breakout attempt. Expect continued price suppression, not a speculative pump to $1.10. 85% NO — invalid if BTC dominance drops below 48% by May 3rd.
