Los holders de $XRP practicing for the next alt season 🤣

XRP fluctuated between 1.407 and 1.457 over the past 24 hours, currently up by 0.49%. On the 4-hour chart, PDI is at 23.2, MDI at 11.9, and ADX at 26.2, indicating an upward trend. On the daily chart, MA7 is at 1.395, MA30 at 1.397, and MA120 at 1.522. The sequence still shows a bearish structure, but short-term indicators are signaling a buy. The 15-minute close is above the 20-day moving average, and the daily MACD has experienced a golden crossover. The critical level is the daily MA120 at 1.5223. If this level is broken with high volume, the bearish structure on the daily chart will be invalidated. But first, sustained volume is essential. The 7-day average trading volume is 14.44 million, while the volume in the last 24 hours is 34.28 million. There is a significant difference. ETF inflows are steady; a reversal to outflows would dampen the sentiment. On the other hand, the two-week regulatory window mentioned by Ripple’s CEO is critical. Progress on the draft could create leverage effects for XRP. Conclusion: Short-term upward, daily pressure. The direction will be determined by volume and regulation news.

$XRP Staring at this XRP chart today and honestly, it’s a masterclass in why patience is a literal virtue in this space. We watched that climb to 1.4570 only to see the market take a deep breath back down. It’s a reminder that green candles are great, but the consolidation periods are where the actual plan is made. I’m looking at the MA7 (1.4262) and MA14 (1.4276) starting to flatten out above the current price. It feels like we're in that "wait and see" pocket. Here’s how I’m reading the room: The Setup • Entry: Watching the current level around 1.4236. If we hold here, it feels like a decent spot to lean in. • Target: Aiming for a reclaim of the MA28 (purple line) at 1.4305, with the ultimate goal of retesting that 24h High of 1.4570. • Stop Loss: Keeping it safe. If we slip under the recent support of 1.4133, the thesis changes and I’m out.#GateSquareMayTradingShare