Technical analysis by joaowedsonf about Symbol XRP on 4/6/2025

joaowedsonf

Someone asked me what the most chaotic scenario for XRP's price could be — and I answered: a long-term Distribution phase.In this image, I illustrate a radical distribution scheme that could potentially extend into late 2025. But first, a sign of weakness — with price dropping below the Corona Dump levels, possibly close to $0.10. Sounds absurd to many, I know.If it's Scheme 1, XRP would drop and then bounce back to the Last Point of Supply (yellow line).If it's Scheme 2 (red line), price could spike between $5 to $6.8, with an average peak around $5.5–$5.7, likely triggering extreme euphoria.But remember, this is just one insane possibility — and it depends heavily on Bitcoin, Market Makers, Supply vs Demand, public interest, and the macroeconomic context.If this scenario plays out… what would YOU do?