📉 $XRP XRP is under pressure again in June 🪙
Despite the growth in May, XRP $XRP started June with a pullback. 📉
Historically, this month has not been very favorable for the token: the median return over the last 11 years is -8.49%.
And now long-term holders are massively exiting their positions — the CDD metric has soared to 337 billion, the highest level since December.
⚠️ Support is holding at $2.12 — but if the level drops, we could see $2.02, or maybe even $1.94. RSI is in the red zone. 😬
But not everything is lost:
✅ Completion of the process with the SEC
✅ Potential IPO of Ripple$XRP
✅ And perhaps not an ETF, but a new wave of institutional players...
💥 A breakout above $2.27 — a chance for growth to $2.50.
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*Not an investment recommendation!