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

https://sahmeto.com/message/3392595
joaowedsonf
joaowedsonf
Rank: 15150
،Technical،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?

Translated from: English
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Signal Type: Neutral
Time Frame:
1 week
Price at Publish Time:
$1.99
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