XRP Bull Trap Incoming? Analyst Sees $2.40 Fakeout Before Painful Crash
Pseudonymous analyst CryptoInsightUK has warned that the next major move for XRP could be a trap. In a video published on June 8, the analyst outlined a scenario where XRP surges toward $2.30–$2.40 in the short term—only to reverse violently into a sharp liquidity flush before any sustainable breakout occurs. XRP Bull Trap Looming? “I think XRP goes to sub-$2.0. I really do,” he said, adding: “It could come and sweep the highs here… could come up to like what, $2.30, and then push us down. That would be more pain for everyone, ‘cause everyone’s going to think we’re going to the upside.”....
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