Been watching XRP bounce around $1.33-$1.36 lately and the price action is honestly looking messy right now. It keeps getting rejected every time it tries to push above $1.35, then drifts back down to support. Not really collapsing, but not recovering either — that kind of sideways grind with rising leverage usually doesn't end well.

Funding rates are spiking which tells me traders are getting more aggressive with longs, but the repeated rejections show sellers are still calling the shots. The volume spikes we've seen haven't translated into real follow-through, which is the red flag. If $1.33 breaks, I'm looking at $1.30 as the next level. On the flip side, need a solid close above $1.35-$1.36 to actually shift momentum. Current price sitting around $1.36 today, but the setup feels fragile — positioning keeps building while price action stays stuck in this range.

Separate thing worth noting: World Liberty Financial's WLFI token got hit hard, down 12% to its lowest since launch. Apparently they've been using their own token as collateral to borrow stablecoins on some DeFi platform, which raised some eyebrows. The token's bleeding out and the strategy's getting a lot of criticism. Interesting to watch how this plays out given the Trump connection and all the controversy around it.