I just saw that Gary Cardone sold his entire position in XRP for $2.71 and posted his six investment rules. The XRP community went wild in the comments, asking him why he bought in the first place if he was still following those rules to the letter. What’s interesting is that Gary Cardone explains that he avoids assets with unclear supply dynamics and that he can’t “draw on a whiteboard.” Based on his 40 years of experience, he also criticizes investors who confuse price noise with real value. He says that true wealth comes from long-term, well-established bets—not from chasing popular trends. But of course, XRP supporters don’t agree. Some argue that the SEC unfairly went after Ripple, and others simply question Gary Cardone’s consistency. Meanwhile, Jason Calacanis also jumped into the debate, calling XRP a “centrally controlled asset” and warning against a possible ETF spot. The truth is, the debate about whether XRP is really centralized is still complicated. Some say that only 2% of the validators belong to Ripple, which would make it more decentralized than Bitcoin or Ethereum. But others insist that reliance on the Unique Node List gives Ripple too much control. So here we are, with Gary Cardone at the center of another crypto controversy. What do you think—does he have a point with his rules, or is he just regretting it?

XRP Technical Outlook: Bearish Compression Near Key Support XRP continues to trade inside a well-defined descending channel, with price action showing tight consolidation just above a major support zone — a structure that typically signals continuation of the prevailing downtrend. Currently, XRP is trading around $1.31–$1.34, struggling to hold short-term support while failing to break above nearby resistance levels. EMA Structure (Sustained Bearish Trend) 20 EMA: $1.35 50 EMA: $1.42 100 EMA: $1.59 200 EMA: $1.85 Price remains below all major EMAs Continuous rejection from 20 & 50 EMA cluster Large gap from 100 & 200 EMA → macro weakness remains strong EMA alignment confirms bearish continuation structure Fibonacci & Structure Levels 0.786 Fib: $3.11 0.618 Fib: $2.69 0.5 Fib: $2.39 0.382 Fib: $2.09 0.236 Fib: $1.71 Fib 0: $1.11 Price trading below 0.236 ($1.71) → confirms HTF breakdown Current range: $1.30–$1.35 Price compressing near support within descending channel Market Structure Insight Clear downtrend with lower highs & lower lows Weak bullish attempts consistently rejected Price stuck below descending trendline resistance Liquidity resting below $1.30 support Compression indicates potential breakdown move RSI Momentum RSI: 41–44 Below 50 → bearish momentum persists No clear bullish divergence Momentum remains weak and sideways 📊 Key Levels Resistance $1.34–$1.36 (short-term / EMA resistance) $1.42 (50 EMA) $1.71 (0.236 Fib – major resistance) Support $1.30 (range support) $1.22–$1.18 (demand zone) $1.11 (macro support / Fib 0) 📌 Summary XRP remains under pressure within a strong downtrend, consolidating just above a key support zone. Failure to reclaim $1.35–$1.40 keeps bearish structure intact Range compression near support increases breakdown probability No confirmation of reversal yet — structure remains weak 📉 Scenarios 🔴 Bearish Case: Break below $1.30 → move toward $1.22 → $1.11 🟢 Bullish Case: Reclaim $1.36 → push toward $1.42 → $1.60 XRP is approaching a critical breakdown zone, and continued weakness could trigger the next leg down in the broader bearish trend. $XRP ‌#CryptoMarketSeesVolatility #GateSquareAprilPostingChallenge