Whales have drained 15 million XRP today while 78% of small traders are stuck in losing buy positions.
Institutional view of $XRP coin XRPUSDT Perpetual 1.7284 -4.4% "Hidden" data (Why am I monitoring this situation) * Money flow: The trap is clear in the order flow. While individuals buy the dip, large order flows show sharp negative movement (-14.99 million XRP). The 5-day trend shows a massive distribution of -43.88 million XRP. Smart money is exiting and not accumulating. * Technical analysis: The structure on the 4-hour timeframe is strongly bearish. The price faces rejection at the 7 EMA average (1.7988) and is well below the 99 EMA average. However, the RSI is at 20.34 (Oversold), which may indicate a slight corrective rebound before the next decline. * Sentiment: This is a classic reversal signal. The buy/sell account ratio is heavily skewed towards buying at 77.90%. The crowd is fighting the trend, which usually fuels further decline as they sell off their holdings. Trading plan * Trend: Short (Sell) at the rebound. * Safe entry: $1.7900 - $1.8100 (Price rejection at EMA 7/resistance). * Aggressive entry: $1.7450 (Break below the current consolidation). * Stop loss: $1.8650 (Daily close above EMA 25 cancels the trend). * Targets: $1.6800 - $1.6200. Scenario cancellation * If the price recovers to $1.86 with strong momentum, the bearish structure has failed, and I will exit the market. DYOR
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
Whales have drained 15 million XRP today while 78% of small traders are stuck in losing buy positions.
Institutional view of $XRP coin
XRPUSDT
Perpetual
1.7284
-4.4%
"Hidden" data (Why am I monitoring this situation)
* Money flow: The trap is clear in the order flow. While individuals buy the dip, large order flows show sharp negative movement (-14.99 million XRP). The 5-day trend shows a massive distribution of -43.88 million XRP. Smart money is exiting and not accumulating.
* Technical analysis: The structure on the 4-hour timeframe is strongly bearish. The price faces rejection at the 7 EMA average (1.7988) and is well below the 99 EMA average. However, the RSI is at 20.34 (Oversold), which may indicate a slight corrective rebound before the next decline.
* Sentiment: This is a classic reversal signal. The buy/sell account ratio is heavily skewed towards buying at 77.90%. The crowd is fighting the trend, which usually fuels further decline as they sell off their holdings.
Trading plan
* Trend: Short (Sell) at the rebound.
* Safe entry: $1.7900 - $1.8100 (Price rejection at EMA 7/resistance).
* Aggressive entry: $1.7450 (Break below the current consolidation).
* Stop loss: $1.8650 (Daily close above EMA 25 cancels the trend).
* Targets: $1.6800 - $1.6200.
Scenario cancellation
* If the price recovers to $1.86 with strong momentum, the bearish structure has failed, and I will exit the market.
DYOR