• Ripple flashing a buy signal is notable, but in the current macro and sector environment, it’s not enough.
  • XRP’s failure to capture rotational flows puts it at risk of slipping into a liquidity trap.

Not every macro pump translates into price action, and Ripple [XRP] is the perfect case study. 

With May starting strong — spot ETFs, futures ETFs, and the end of the legal saga, XRP still can’t seem to break past key resistance levels, trailing its rivals on the weekly timeframe.

FOMO clearly hasn’t kicked in yet. XRP held across Binance has seen a sharp uptick, rising from 2.73 billion on the 6th of May to 2.84 billion at press time. That’s approximately a 4% increase in under a week.

Could the problem be capital rotation? With ETH/BTC flexing and liquidity sprinting toward hotter narratives, XRP might just be getting left out in the cold.

The silent struggle limiting Ripple’s breakout

No doubt, this cycle has crowned Ethereum the unexpected alpha. Hence, pulling in both retail apes and institutional whales. 

As AMBCrypto flagged, smart money is already front-running the top, stacking bags as ETH smashes through the $2,500 supply wall. 

Meanwhile, XRP edges toward its $2.50 ceiling, but it’s more like a game of tug-of-war than a moonshot. With the RSI chilling below 80, it’s a far cry from the Q4 rally’s “overcooked” levels above 85. 

So, instead of a breakout frenzy, it’s shaping up as cautious accumulation, not the explosive price discovery we might expect. This sentiment i


Go to Source to See Full Article
Author: Ritika Gupta

BTC NewswireAuthor posts

BTC Newswire Crypto News at your Fingertips

Comments are disabled.