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XRP recent market movement is quite interesting. Since rebounding from $1.9956, the 24-hour trading volume has reached 449 million XRP, with a trading volume of 926 million USDT, a surge of 3.92%. But if you look at the order book details, you'll notice the clue—main players are aggressively placing buy orders in the $2.0 to $2.05 range, with large orders accounting for over 70%. This trading pattern is very clear—it's a typical low-position accumulation followed by a rally.
How does the technical analysis look? MA7 has already crossed above MA25, confirming a short-term rebound trend. The $1.9956 level is holding very firmly, and after volume increases and stabilization, there’s basically no risk of a deep dip. The combination of rising volume and price is the most reliable indicator, signaling that the main players are entering the market.
The problem is retail investors are still hesitating. XRP has risen from $1.7703 to now, a rebound of over 17%, but market enthusiasm hasn't fully ignited yet. Most people are waiting for a pullback. Once it breaks through the $2.12 resistance level, coupled with the ongoing inflow expectations of XRP ETF, retail investors chasing the rally will definitely be triggered instantly, and a price surge will only be a matter of time.
The short-term target is clear—break through $2.12 within 1 to 2 days and head straight to $2.5, a gain of over 20%. After the main players finish accumulating, they will leverage market sentiment to accelerate the rally, while also triggering short-seller stop-losses, further attracting late-coming retail investors.
If you want to participate, enter long at $2.08 to $2.10, take profit near $2.5, and set a stop-loss at $2.0. Simple and straightforward, no need to overthink.