📌 XRP Update
Price: ~$2.95 ⬆ +3.87%
🔥 What's happening:
The SEC is reviewing crypto-ETF applications with XRP — and this is not just news, it's a potential ticket to growth towards $3.25–$3.62. At the same time, Ripple is losing its CTO at the end of the year — short-term fluctuations are almost inevitable. But the interest from large wallets remains high, supporting the strength of the bulls.
📊 Technical overview:
Support: $2.83 — a critical level to maintain the trend
Resistance: $3.05 — a breakout will open the way to new local highs
RSI ~65, MACD is rising — the market is not yet overbought, there is room for upward movement
Volume growth confirms the strength of the bulls
📈 Weekly forecast:
Lower bound: $2.83
Upper bound: $3.07
💡 Idea for traders:
Watch $3.05 — if the price passes this threshold, opportunities for long positions open up with targets up to $3.25. It's better to set stops below $2.80 to minimize risks.