Recently, XRP's performance has indeed attracted a lot of attention. From 1.8680 to 2.0386, the increase is evident, but after this wave of market movement, many people are eager to buy in. At this point, it's better to stay calm.



To put it metaphorically, XRP's current state is like an athlete after a 100-meter sprint—breathless and flushed. Continuing to accelerate? That's like hitting a wall. This is a typical sign of overbought conditions. What does overbought mean? Excessive concentration of buying pressure, with the price deviating significantly from the fundamentals, just like overpriced vegetables being snapped up wildly at the market—eventually, it will return to rational pricing. XRP is currently in this state, especially with clear signals from the technical analysis.

From the trend perspective, after this rapid surge, XRP has entered a narrow consolidation pattern. The most noteworthy are the recent hourly candles—forming a quite typical "孕线" (harbinger) structure. The large bullish candle before is the "mother," followed by smaller candles that are the "baby." What does this pattern indicate? The upward momentum has clearly weakened, and the bulls and bears are re-engaging in a tug-of-war.

Don't be fooled by the previous successful break above the key resistance at 1.9160; breaking through does not mean stabilization. The biggest test after a breakout is whether the market can absorb the shift in chips caused by the breakout. This requires time and patience. Recklessly chasing the high is the real risk.
XRP0.71%
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Layer3Dreamervip
· 12h ago
theoretically speaking, the engulfing pattern you're describing... it's basically a state verification problem, yeah? like, if we map the overbought condition onto a recursive SNARK framework, the "consolidation" you're calling for is really just waiting for cross-rollup settlement to finish. patience = proof computation time, ngl.
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ReverseTrendSistervip
· 16h ago
The appearance of a hammer candlestick is a signal to reduce your position. All the FOMO traders in this wave will end up holding the bag.
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BearEatsAllvip
· 16h ago
Another article about cutting leeks, tired of the same old talk about engulfing candles and overbought conditions... --- Forget it, this wave of XRP is just capital speculation, don’t be fooled by the technicals. --- What’s the point of staying calm? It’s already risen so much, and you’re still talking about principles... --- Old story, I hear this every time, and then what? --- Breakout is just a breakout, why all the fuss? If you can’t catch up, don’t complain about being tired. --- Engulfing candles, babies, moms... why not just say it’s going to fall? Why beat around the bush? --- When it actually adjusts, someone will probably come and say, "I knew it would fall." --- Is it overbought or are the main players accumulating? Both explanations can fit.
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SchrodingersFOMOvip
· 16h ago
Haha, you're nitpicking again. This time, it's really time to take a break. I thought the bullish candlestick could keep soaring all the way, but it seems the bulls are losing steam. Breaking through 1.9160 and thinking of heading straight to the moon? Wake up, brother. A pullback is the usual move. Stay calm, don't let FOMO eat up your principal. Now is the time to wait. I'm tired of hearing the story about fighting for greens at the vegetable market, but this time, it does feel a bit虚.
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