XRP Poised for a Major Move as Disbelief Stage Persists
XRP sits in the disbelief stage, according to on-chain data provider XRP Update. Despite subdued sentiment, strong fundamentals and steady price action hint at an early phase of a major move.
As of now, CoinCodex data shows XRP is trading at $1.91, poised for a crucial market test.
Well, the disbelief stage is a key phase in crypto cycles, prices stabilize and fundamentals strengthen, yet investor optimism lags. XRP Update highlights that while underlying health improves, many traders remain cautious. Historically, this quiet conviction often precedes sharp upward moves.
Supporting this view, market analyst Whale Factor notes that XRP is loading, indicating significant accumulation by large investors ahead of a potential breakout. Technical indicators show XRP testing a key trendline resistance, with market reactions in this phase likely shaping its next major move.
If XRP breaks above trendline resistance, it could surge to $2.10, signaling renewed investor confidence and an ongoing uptrend. Failure to break may trigger a pullback to $1.80, presenting a potential entry point for long-term holders.
Volatility is on the horizon for XRP, with rapid price swings likely in either direction. Investors who stay patient and focus on fundamentals could be best positioned to seize the next major move.
Therefore, XRP is gaining quiet momentum as market sentiment lags. Strong fundamentals, price stability, and technical buildup point to an imminent move. Key support and trendline resistance should be keenly watched because volatility is likely, and conviction at this decisive juncture could pay off.
Conclusion
XRP is at a critical juncture, fundamentals are strengthening, price remains steady, and sentiment lags. This rare alignment hints at a major move ahead, whether a bullish surge to $2.10 or a corrective dip to $1.80. Sometimes, the quietest buildup precedes the loudest moves, making patience and strategy essential.
Source: https://coinpaper.com/14105/xrp-price-prediction-altcoin-still-in-disbelief-stage-as-fundamentals-climb-and-sentiment-lags
