EMA RECLAIM AFTER SHARP DISTRIBUTION
$XRP price at 1.95 (Spot)
After a strong impulsive rally, $XRP faced heavy distribution from the upper supply zone near 2.30–2.40, leading to a deep corrective move. However, the key observation is that price did not collapse below the major daily demand. Instead, it wicked below and quickly recovered, showing strong buy-side interest around the 1.88–1.92 zone. Currently, price is stabilizing around the mid-EMA region, where sellers previously dominated but are now losing momentum. The compression between EMAs suggests a decision phase — either slow accumulation or preparation for another expansion. As long as $XRP holds above the recent reclaim area, the structure favors stabilization and a potential grind-up rather than further aggressive downside. This is a classic spot-market patience setup, not meant for emotional entries.
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