Crypto Expert Reveals Why XRP’s Bigger Picture Stays Bearish

Is XRP's rally just a head fake? One crypto analyst cuts through the noise with a stark warning.

The Resistance Wall

Forget the short-term pumps. The expert points to a formidable ceiling that XRP has repeatedly failed to breach. Every surge toward this key level gets slapped down—a classic sign of persistent bearish control on the higher timeframes.

Volume Tells the Tale

Look at the buying pressure, or rather, the lack of it. Rallies fade on thin volume, while sell-offs come with conviction. It’s the market’s way of whispering that big money isn't buying the hype—yet another check in the bearish column.

The Macro Drag

Then there's the broader market anchor. Even when major cryptos catch a bid, XRP often lags, weighed down by its own unique baggage. It’s like watching a runner with a weighted vest try to keep pace.

So, while day traders chase volatility, the long-term chart paints a clearer—and grimmer—picture. Sometimes, the 'bigger opportunity' the finance bros scream about is just the chance to lose money slower.

Marcus Corvinus, a market expert and verified Binance KOL, has insisted that while a short-term XRP pump might ensue, the broader trend remains bearish. Corvinus emphasized this in his recent X post, aligning with a recovery effort from XRP.

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