🚀 XRP dominance is testing a long-term downtrend, holding key support at 1–1.2%. Price steadies above $2.00, forming higher lows, hinting at a potential breakout💥. A clean trendline break could push XRP toward $3.30. #XRP #Crypto

A big whale is tasting the flavor of a long position. This massive address holds long positions worth $310 million in BTC, ETH, SOL, and XRP, currently with an unrealized loss of $1.451 million. The worst hit is the SOL portion—$46.43 million in positions have already lost $817,000. Even more heartbreaking, this guy added to his SOL position 2 hours ago, but the market didn't give him face. From the high point yesterday evening to now, the paper profit of this long position has shrunk by nearly $10 million, completely turning from profit to loss. This is a portrayal of the risks of going long.

XRP is currently in a critical phase of bottom formation. The conditions for the start of wave c from (B) have not yet been met – at least no clear signals are visible. Today, the price structure could consolidate sideways. Special attention is on a small triangle formation emerging. This could be an indication of the further direction.