Analyst: Ignore ETF/SWIFT Noise — XRP Set for One Final Pump, Then a Sharp Drop
Crypto analyst JD (@jaydee_757) says traders should ignore ETF and SWIFT headlines and focus on XRP’s technical structure. His monthly chart shows a multi-year ascending triangle with price above a rising trendline and an RSI hidden bullish divergence (RSI lower low while price forms higher low). JD expects one last upward move while structure holds, then a swift reversal he calls a “rug pull,” warning that “95% will be exit liquidity.” Key points for traders: monitor the rising trendline support and RSI behavior; if the trendline is defended, a final push toward the breakout zone is possible, but failure or rapid loss of momentum could trigger a sharp sell-off. The post is opinion, not financial advice.
Neutral
The news is primarily an analyst’s technical view rather than new fundamental information. It signals short-term event risk: a possible final pump followed by a sharp correction if support fails. That creates increased volatility but does not change XRP’s fundamentals. Short-term implications: heightened trading activity, larger intraday ranges, and risk of stop-loss cascades if the rising trendline breaks. Tactical traders may attempt to capture the final push or position for reversal plays; risk-management is critical. Long-term implications: if the pattern resolves into a confirmed breakdown, it could weigh on sentiment and prompt extended selling; if buyers defend the trendline and momentum continues, the bullish continuation narrative remains. Similar past episodes (crypto breakouts followed by quick reversals) produced rapid liquidity grabs and amplified volatility, which aligns with JD’s “exit liquidity” warning. Overall, the piece should be treated as a trade-setup signal (technical) rather than a market-driving announcement.