XRP is currently trading at $2.41, down -2.42% in the last 24 hours. Despite the dip, it remains one of the strongest Layer 1 cryptos with a market cap of $138.56B and a 24h trading volume of $8.44B, showing strong liquidity.
🔹 Key Levels to Watch:
- Support: $2.30 – If broken, XRP could drop to $2.10 or even $1.90.
- Resistance: $2.50-$2.75 – A breakout could push XRP toward $3.00+.
🔹 Historical Perspective:
- ATH (2018): $3.92
- Cycle Low: $0.113
- Cycle High Since Low: $3.38
🔹 Market Sentiment:
- Fear & Greed Index: 43 (Fear) – Market is cautious but not panicking.
- Yearly Inflation Rate: 5.61% – 3.06B XRP was added, slightly diluting supply.
📈 What’s Next?
- Holding above $2.30 keeps XRP in a bullish structure, with a target of $3.00+ if momentum strengthens.
- A drop below $2.30 could trigger further correction toward $2.10-$1.90.
Will XRP reclaim its $3.92 ATH, or are we heading lower first?
Let’s see how the market plays out! 🚀
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