๐ซ๐ฅ๐ฃ ๐ง๐ฟ๐ฎ๐ฝ๐ฝ๐ฒ๐ฑ ๐ผ๐ฟ ๐ฅ๐ฒ๐ฎ๐ฑ๐ ๐๐ผ ๐ฃ๐ผ๐ฝ? ๐๐ฒ๐ ๐ฆ๐ถ๐ด๐ป๐ฎ๐น๐ ๐ฆ๐ต๐ผ๐ ๐ก๐ฒ๐ ๐ ๐ ๐ผ๐๐ฒ
XRP is struggling again under $2.5, a strong resistance level that has blocked its growth for weeks. Bulls still hope for an upside, but the current technical signs are mixed, suggesting XRP may continue moving sideways unless big players step in.
โก๏ธ Whales on the move:
Ripple and Crypto.com moved over $350M XRP in recent days, possibly for OTC trades or liquidity needs, keeping the market guessing about the next big move.
โก๏ธ Stablecoin strategy shift:
Ripple also burned 4M RLUSD tokens and paused minting new RLUSD. This shows Ripple is reworking its stablecoin plans as it watches how the market reacts.
Technical Situation:
โ The 50/200-day moving averages are close to a bearish crossover, which could pull prices lower
โ The Gaussian channel turned slightly bullish, keeping hope for a rebound alive
โ RSI and CMF are dropping, meaning buyers are losing strength and the market is seeing less activity
Q2 2025 Outlook:
For now, XRP is likely to stay between $2.5โ$2.6, unless we see a strong whale-driven breakout above $2.83, which could open doors to $3 or higher. But if it loses key support, a sharp correction could follow.