🔮 Does XRP hold a winning card or a thorny trap? 🤔
The currency recorded a strong jump of +8% to reach $2.19, driven by the launch of the first direct ETF on TSX that raised $32 million in 72 hours.
In contrast, new legal actions before Judge Torres add an aura of ambiguity around the future of institutional sales.
📊 Support and Resistance Levels
• Critical Support: $2.00
• MA200 Resistance: $2.09
💹 Trading volume exceeds $4 billion, reflecting increasing institutional interest.
🤖 AI technical analysis indicates a consolidation range around $2.00 before a potential upward surge…
❓ Which scenario will resolve the confrontation soon?
