XRP's recent performance is worth paying attention to. Trading volume has significantly increased, indicating that large investors and institutions are quietly accumulating. After years of sideways consolidation, there is finally upward momentum, which usually means funds are starting to flow into previously neglected coins—especially in the context of Bitcoin remaining stable.
From the liquidation data, the pressure from short positions is actually quite high, and market sentiment is gradually warming up. Interestingly, a former executive of SWIFT recently endorsed XRP, further strengthening its narrative in the cross-border payment field.
**What does technical analysis say?** The current price is around 2.0902 USDT, with a key support level at 2.08—this area is very close, so if you're considering going long, you might try placing an order here. There is also a support zone below, roughly between 1.9834 and 1.9956. If the price really breaks below this support, then a stop-loss is necessary.
In simple terms: when approaching support levels, consider adding to your position, but remember to set a stop-loss. The market sentiment is currently optimistic, with increasing institutional participation, and all these signals point to the possibility of an upward move.
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ParallelChainMaxi
· 20h ago
Wait a minute, are the big players really making moves or are they just pulling the wool over our eyes again? How many times have we seen this script?
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WhaleWatcher
· 01-04 21:52
Not moving the SWIFT system, can XRP really take off? I think it's just institutions hyping it up.
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It's either sideways consolidation or big players positioning, I've heard this so many times... Why would this time be any different?
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I don't have the guts to place a 2.08 order, let's wait and see if it can drop to 1.98.
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Is the bearish pressure heavy? Laughable. Those trapped have long surrendered. Now, the rise is just the prelude for institutions to harvest profits.
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What’s the use of former SWIFT executives endorsing? Without regulatory easing, XRP is still banned.
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Increasing trading volume definitely warrants attention, but don’t get brainwashed by these narratives. The crypto world is always full of tricks.
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I bet it will fall below 1.98. This kind of rapid rise looks too frantic.
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Only if Bitcoin stabilizes will there be a chance? Then just keep waiting. Anyway, XRP hasn't been a waste of time these past two years.
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Alright, bro, I believe you if you say there's a chance, but I’ll still keep my stop-loss order...
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LayerZeroJunkie
· 01-04 21:45
Is it another XRP story? Bro, I've been bullish on this for a long time, just waiting for institutions to bottom out and follow in.
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SWIFT's platform indeed offers a lot of imagination, but whether it can really rise depends on if it can break through 2.1.
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Setting support at 2.08 feels a bit close; I want to see if it can drop a bit more to give a better entry opportunity.
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Honestly, most people are betting this wave will return to 3 dollars, but I think we should wait for a confirmed breakdown before making any moves.
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No one really knows which institutions are positioning, but during times like this, it's easiest to dump, so better to stay cautious.
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Is that 2.08 line really that critical? It feels like the price fluctuation range isn't that big; whether it breaks or not doesn't really matter.
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High-level executives from SWIFT + increased trading volume—this combo of signals is quite attractive, but beware of rebounds being used to trap you.
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Stop-loss levels are all planned out, but the real question is how many can actually execute them.
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GasOptimizer
· 01-04 21:42
The support level at 2.08 is solid, but when placing an order, you still need to calculate the capital efficiency ratio carefully. Don't let emotions drive your decisions.
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DegenWhisperer
· 01-04 21:33
Are institutions making moves? Ha, they've said the same before, and the result was a much sharper decline.
Wait, is it true that SWIFT executives are making public appearances, or is this just another wave of public relations hype?
The 2.08 level is indeed tempting, but I want to see if the bears have truly given up.
XRP's recent performance is worth paying attention to. Trading volume has significantly increased, indicating that large investors and institutions are quietly accumulating. After years of sideways consolidation, there is finally upward momentum, which usually means funds are starting to flow into previously neglected coins—especially in the context of Bitcoin remaining stable.
From the liquidation data, the pressure from short positions is actually quite high, and market sentiment is gradually warming up. Interestingly, a former executive of SWIFT recently endorsed XRP, further strengthening its narrative in the cross-border payment field.
**What does technical analysis say?** The current price is around 2.0902 USDT, with a key support level at 2.08—this area is very close, so if you're considering going long, you might try placing an order here. There is also a support zone below, roughly between 1.9834 and 1.9956. If the price really breaks below this support, then a stop-loss is necessary.
In simple terms: when approaching support levels, consider adding to your position, but remember to set a stop-loss. The market sentiment is currently optimistic, with increasing institutional participation, and all these signals point to the possibility of an upward move.