*🚀 Ripple Locks 700M $XRP: Preparing for a Major Move?**
### **🔒 What Happened?**
- **Ripple moved 1B $XRP** across internal wallets on May 1.
- **700M $XRP locked back into escrow** (worth ~$1.55B).
- **No May escrow unlock confirmed yet** (unusual delay).
📌 *Pattern Alert:* Similar to April’s move, where Ripple **relocked 700M $XRP** before confirming the 1B unlock days
later.
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### **💡 Why This Matters**
✅ **Supply Control:** Locking $XRP reduces sell pressure, potentially supporting price.
⚠️ **Market Speculation:** Is Ripple preparing for **acquisitions or partnerships**?
🔮 **CEO Hint:** Brad Garlinghouse says Ripple **prioritizes acquisitions over IPO** (bullish for long-term growth).
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### **📈 $XRP Price Outlook**
💰 **Current Price:** **$2.22** (flat despite Bitcoin’s rally).
📊 **Key Levels:**
- **Support:** $2.00 → $1.90 (if correction deepens).
- **Resistance:** **$2.25** (breakout pivot).
🎯 **Bullish Target:** **$2.68 → $3.00** if $2.25 flips to support.
🔍 **Analyst View (CasiTrades):**
- Short-term dip to **$1.90 possible** (RSI shows fatigue).
- But **break above $2.25** could trigger a major rally.
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### **🚀 What’s Next for $XRP?**
1️⃣ **Escrow Unlock Watch:** If Ripple **delays or reduces May’s unlock**, it could signal **bullish supply shock**.
2️⃣ **Acquisition Rumors:** Strategic buys could boost Ripple’s ecosystem.
3️⃣ **ETF Hype:** ProShares’ **leveraged XRP ETFs** (approved) may fuel demand.
