$XRP Current price is 1.37, down 2.8% over 24 hours, with 24-hour trading volume at 160 million—volume hasn’t picked up, yet the price keeps moving lower. That’s what feels most awkward to me about XRP today. The drop isn’t sharp, but there’s no support. Midway down, trading volume is flat, and both bulls and bears are waiting for the other side to make the first move. This kind of market is more grueling than a crash. At least a crash is decisive; a slow bleed can wear you down for a whole week. The news side is actually pretty lively. Evernorth, a company in which Ripple holds a stake, holds roughly 473 million XRP and officially listed on Nasdaq today under the ticker XRPN, becoming the first company to put XRP on its balance sheet as a treasury asset after going public. It surged to 19.38 at the open, only to close down 1.05%. The first to try it got no special treatment from the capital markets. Some traders have also said that ETH and XRP could still plunge another 10% before hitting bottom. I usually treat this kind of prediction as background noise, but the fact that it made the news shows that plenty of people in the market believe it. That’s how sentiment gets fed. On top of that, Asian chip stocks crashed and the Kospi plunged 6 points, with risk assets broadly contracting. How am I planning to approach it? I won’t add at 1.37. If I really want to make a move, I’d rather wait until it solidly fills in the recent gap before deciding. If it can’t hold, it isn’t a bottom. If you have a position, hold it and don’t get itchy. $XRP ‌

$XRP Every advantage has a disadvantage. This is the world. 🤡👍

$XRP Pfft... legal gambling. Legal robbery. Have you been liquidated long? $0 is coming soon. Close all longs. Any number since 3.6 is very profitable to short. 💀👍