While the crypto world braces for the next big move, XRP trades quietly at $2.15, caught between hope and hesitation.
Despite a major win with the launch of XRP Spot ETFs in Canada, the market’s reaction was lukewarm. 📉 Why? A mix of low market activity, trader indecision, and the Fed’s hawkish tone have kept the bulls on a leash.
📌 The Fed held interest rates steady at 4.25%–4.50%, but its warning on short-term inflation due to tariffs injected caution across risk assets, including XRP.
🔍 All Eyes on These Two Levels:
Support: 200-day EMA at $2.09
Resistance: Confluence zone at $2.24
🎙️ Meanwhile, Ripple is urging the UK to lead the way in:
Accelerating stablecoin adoption
Embracing a growth-focused regulatory path
Breaking down barriers to tokenization
🌍 Ripple’s vision is clear: build a global ecosystem where utility thrives—but the price chart hasn’t caught up... yet.
🔥 Will XRP ignite a rally or sink further? The technical zone between $2.09 and $2.24 could write the next chapter.
Stay tuned. The next breakout might just be one catalyst away.