COINPURO - Crypto Currency Latest News logo COINPURO - Crypto Currency Latest News logo
TimesTabloid 2026-05-07 09:54:06

Top Trader Says This XRP Set Up Will Probably Piss a Lot of Folks Off

Crypto analyst and trader 360Trader has outlined a cautious outlook for XRP, noting a combination of technical indicators that suggest a possible move lower before any sustained upside. In an X post, the analyst shared a detailed weekly chart of the XRP/USD pair on Kraken, noting that the current setup may not align with many market participants’ expectations. The analyst stated that a formation is developing “that will probably piss a lot of folks off,” indicating that the anticipated move could run counter to prevailing bullish sentiment. The chart provided shows XRP trading below a marked resistance level while consolidating after a prior upward move, with several structural and volume-based signals converging. $XRP setup forming that will probably piss a lot of folks off…. What I'm watching: → Volume profile: VRVP yelling at you → MASSIVE weekly FVG yelling at you → TOP Structure DID breakdown → 8 year trendline yelling at you If this triggers, target… — 360Trader (@360_trader) May 5, 2026 Volume Profile and Fair Value Gap in Focus 360Trader drew attention to the Visible Range Volume Profile (VRVP), noting that it is “yelling” at traders. This tool highlights areas of significant trading activity. In this case, it suggests that XRP may revisit lower-volume zones before establishing stronger support. The chart also identifies a large Fair Value Gap (FVG) on the weekly timeframe, which typically represents an imbalance in price action that markets often revisit. According to the analyst, this FVG sits below the current price and aligns with a broader area of interest. The implication is that XRP could move downward to fill this gap, a behavior commonly observed in technical market structures. The presence of both the VRVP signal and the FVG strengthens the case for a potential retracement. Breakdown of Structure and Long-Term Trendline In addition to volume and imbalance indicators, 360Trader pointed to a breakdown in what he described as the “top structure.” This suggests that XRP has already lost a key level of support, which may now act as resistance. The chart further shows a long-term trendline, which the analyst claims is also signaling a possible downside move. The convergence of these elements forms the basis of his outlook. If the setup fully develops, 360Trader identified a target of around $0.65. Despite the bearish implication of this move, he indicated a clear strategy, stating that he would consider entering a strong long position at that level. We are on X, follow us to connect with us :- @TimesTabloid1 — TimesTabloid (@TimesTabloid1) June 15, 2025 Mixed Reactions From Market Participants Responses to the post reflect differing interpretations of XRP’s trajectory. One user, Game Reaper 187, expressed skepticism about such a deep decline but acknowledged the possibility of both downward movement and an upward breakout. The commenter added that they are maintaining liquidity to respond to either scenario. Another user, ChartNerd, agreed with the analysis and noted that they have been observing similar signals for months. This alignment suggests that some traders see the current setup as part of a longer-developing pattern rather than a sudden shift. Overall, 360Trader’s post presents a structured technical argument that emphasizes caution in the near term while identifying a potential opportunity if the price reaches lower levels. Disclaimer : This content is meant to inform and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not represent Times Tabloid’s opinion. Readers are advised to conduct thorough research before making any investment decisions. Any action taken by the reader is strictly at their own risk. Times Tabloid is not responsible for any financial losses. Follow us on X , Facebook , Telegram , and Google News The post Top Trader Says This XRP Set Up Will Probably Piss a Lot of Folks Off appeared first on Times Tabloid .

最阅读新闻

coinpuro_earn
阅读免责声明 : 此处提供的所有内容我们的网站,超链接网站,相关应用程序,论坛,博客,社交媒体帐户和其他平台(“网站”)仅供您提供一般信息,从第三方采购。 我们不对与我们的内容有任何形式的保证,包括但不限于准确性和更新性。 我们提供的内容中没有任何内容构成财务建议,法律建议或任何其他形式的建议,以满足您对任何目的的特定依赖。 任何使用或依赖我们的内容完全由您自行承担风险和自由裁量权。 在依赖它们之前,您应该进行自己的研究,审查,分析和验证我们的内容。 交易是一项高风险的活动,可能导致重大损失,因此请在做出任何决定之前咨询您的财务顾问。 我们网站上的任何内容均不构成招揽或要约