XRP Price Update: What’s Next?
XRP recently surged to $2.65 after Ripple’s CEO announced the end of the SEC case. However, the excitement was short-lived as the price quickly dropped to $2.11. Now, traders are closely watching key levels to determine XRP’s next move. Key Support and Resistance Levels πΉ Support at $2 – If XRP maintains this level, it could rebound toward $2.85. πΉ Drops below $2.08 – A dip below this level may present a shorting opportunity. πΉ Falls under $1.95 – A break below this level could push XRP down to $1.30. πΉ Above $2.45 – Crossing this level could indicate a strong bullish trend. πΉ Breaks $3 – If XRP surpasses $3, it could ignite a major rally. Market Sentiment and Whale Activity Despite XRP’s price swings, the market remains uncertain. Recently, whales offloaded 1.12 billion XRP, raising concerns about further declines. Large sell-offs often indicate potential downward pressure, making it crucial for traders to stay vigilant. What’s Next for XRP? ...