1-Month Timeframe
🌙 XRP/USD 1M Analysis: Long-Term Potential 🚀
XRP at $2.17 after a correction from a peak of $3.30. Despite the decline, institutional interest (VivoPower: $121M, Webus: $300M) and potential approval of the XRP ETF support a bullish sentiment. RSI (~40) is close to oversold.
🔑 Key Levels:
Resistance: $2.65, $3.00 (psychological level).
Support: $1.80–$1.70.
📈 Forecast: By the end of June 2025, a rise to $3.38 (+56%) is possible upon breaking $2.65. Long-term targets: $8–$12 with favorable news regarding the SEC and ETF. Buying on the dip? 💰
