Giovanni - TEAM MATRIX
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Latest XRP Developments – Up to Now
#knowmorewithGiovanni
Quick Summary
Whales have started accumulating XRP after a period of distribution; the Whale Flow 30‑DMA indicator turned positive after 4 months.
4 million XRP deposited in escrow, temporarily reducing the circulating supply.
XRP failed to break resistance at ~$2.67, dropping 6‑8% due to market pressures and the U.S. Federal Reserve policies.
Major crypto markets (BTC and ETH) are experiencing low liquidity, negatively affecting XRP.
Continuous monitoring of regulatory steps related to potential XRP ETFs in the U.S.
Current Price Situation
Price is approaching support at ~$2.46.
Technical analysis: TD Sequential indicates a potential short-term correction.
Market movements related to BTC and ETH directly impact XRP’s performance.
✅ Supporting Factors
Reduced circulating supply due to escrow deposits and whale accumulation.
Potential ETF launches attracting institutional capital.
Technical developments on XRP Ledger (EVM integration, staking, expanding use cases).
⚠️ Risks
Breaking support at ~$2.46 could lead to drop toward ~$2.30 or lower.
Delays or changes in regulatory approvals could dampen market expectations.
U.S. monetary policies and global economic conditions affect the overall crypto market.
Technical signals warn of a possible short-term correction.
Key Points to Watch
SEC decisions or progress in launching XRP ETFs.
Whale movements: continued accumulation or start of distribution.
Monitoring support and resistance levels.
Tracking the impact of economic news and monetary policies on the market.
Date: 30 October 2025
Written by Giovanni
$XRP #Binance #BinanceSquareTalks #TEAMMATRIX @EarnPii - TEAM MATRIX @Elex Rocks - TEAM MATRIX @KeanuLeafes - TEAM MATRIX @FÈS - TEAM MATRIX @ERIKA JE PORTAL LATINO @IBRAHIM AZUAJE @ÅLØNDRÅCRYPTØ - PØRTAL LATINØ @CeciliaMansilla PORTAL LATINO
#knowmorewithGiovanni
Quick Summary
Whales have started accumulating XRP after a period of distribution; the Whale Flow 30‑DMA indicator turned positive after 4 months.
4 million XRP deposited in escrow, temporarily reducing the circulating supply.
XRP failed to break resistance at ~$2.67, dropping 6‑8% due to market pressures and the U.S. Federal Reserve policies.
Major crypto markets (BTC and ETH) are experiencing low liquidity, negatively affecting XRP.
Continuous monitoring of regulatory steps related to potential XRP ETFs in the U.S.
Current Price Situation
Price is approaching support at ~$2.46.
Technical analysis: TD Sequential indicates a potential short-term correction.
Market movements related to BTC and ETH directly impact XRP’s performance.
✅ Supporting Factors
Reduced circulating supply due to escrow deposits and whale accumulation.
Potential ETF launches attracting institutional capital.
Technical developments on XRP Ledger (EVM integration, staking, expanding use cases).
⚠️ Risks
Breaking support at ~$2.46 could lead to drop toward ~$2.30 or lower.
Delays or changes in regulatory approvals could dampen market expectations.
U.S. monetary policies and global economic conditions affect the overall crypto market.
Technical signals warn of a possible short-term correction.
Key Points to Watch
SEC decisions or progress in launching XRP ETFs.
Whale movements: continued accumulation or start of distribution.
Monitoring support and resistance levels.
Tracking the impact of economic news and monetary policies on the market.
Date: 30 October 2025
Written by Giovanni
$XRP #Binance #BinanceSquareTalks #TEAMMATRIX @EarnPii - TEAM MATRIX @Elex Rocks - TEAM MATRIX @KeanuLeafes - TEAM MATRIX @FÈS - TEAM MATRIX @ERIKA JE PORTAL LATINO @IBRAHIM AZUAJE @ÅLØNDRÅCRYPTØ - PØRTAL LATINØ @CeciliaMansilla PORTAL LATINO
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.
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