$XRP Price: $2.40 (–38% from ATH)
Trend: Consolidating below May highs Technical Overview:
XRP sits above key moving averages (50-day ~ $2.22, 200-day ~$1.90), suggesting underlying support.
RSI ~53 (neutral), MACD flat near zero – momentum lacks conviction.
Support: $2.20, $2.00
Resistance: $2.55, $2.80 (psych) Market Sentiment: Fear & Greed 70 (Greed). Bitcoin trades near all-time highs ($110K), fueling altcoin optimism. Social chatter is upbeat with hopes of an XRP spot ETF, but legal uncertainty around Ripple and a pending SEC decision keep traders cautious. Notably, futures trading volume spiked ~140% mid-month amid heavy speculation. Outlook: Cautiously bullish. A decisive break above $2.55 could test $2.80–3.00; failure at resistance or negative ETF/legal news may trigger a pullback toward $2.20.