Rok Herman
Sorry to all old followers and copiers, but I have to share the XRP chart again. I’ve shown it a few times this year to illustrate how straightforward technical analysis can be, especially when applied to fundamentally strong plays - to visualize direction and identify solid buy-in points. This year, XRP has repeatedly tested the major support level around $2, which aligns perfectly with the former multi-year local high from 2021. That level previously acted as strong resistance and has now been thoroughly retested and confirmed as support. Just think of the rollercoaster of headlines and shifting sentiment we’ve seen over that time, yet this level held every single time. More recently, XRP tested resistance at the next key level, around $3, broke through it, and is now hovering around it again, this time potentially as support. If this level holds over the next few weeks, the long-term price structure is setting up for much higher levels. Whether you're looking at it from a technical or fundamental perspective, zooming out and focusing on the bigger picture cuts through the noise. For those who’ve followed crypto for the past 5–10 years... remember when the big players called it a Ponzi scheme? Worthless? Now look: the U.S. is reportedly about to announce a crypto strategic reserve, major nations are following suit, institutional capital is pouring in faster than ever, and on-chain activity is at all-time highs. Crazy how fast we moved on from the days of “everything is going to zero” and “governments will ban Bitcoin.” $XRP $BTC $ADA $ETH
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