XRP Rally May Be Ending: Veteran Trader Warns of Sharp Correction

Veteran trader Tony Severino has warned that the current XRP rally may be nearing its end, suggesting a significant price correction is likely. According to reports from TheCryptoBasic, Severino anticipates this final surge resembles the peak and subsequent steep decline seen in 2017. He notes that the Fisher Transform indicator now points toward overbought levels last observed at historical peaks of 2017 and 2021. Severino suggests traders should prepare exit strategies for XRP before the end of the rally.