🚫 The One Chart You Should AVOID This Week

25 May 2025 · 1 min

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0:31

In this segment of the YouTube video, the presenter evaluates XRP’s current market condition. He characterizes XRP as a “weak level 2” – a price that is essentially ranging with no clear bullish or bearish bias. The only technical possibility he mentions is a potential daily fair‑value‑gap sweep that could trigger an upward bounce, but he treats this as speculative. Consequently, he advises viewers to shift their focus to other assets and downgrades XRP’s rating to “level 1,” indicating a lower priority for trading attention. He also admits uncertainty about why he initially placed the chart and plans to adjust it later.

Chapters

Next up, we move into XRP where this is a weak level 2 in the sense that price is really just ranging around. You can say it's bearish, you can say it's bullish. I don't know. It's kind of just setting up. The only setup that I can see possible here is that from this daily fair value gap, you want to kind of like sweep into here and start bouncing upwards. But honestly, XRP, like your attention is much better spent, you know, focusing on the others. So for that reason, I'm actually going to throw XRP down to level 1 because this is, I don't know why I put that. I don't, I have no idea why I put this here in the first place. I'm going to move this later.