$XRP

UPDATE on XRP:

🌡️ Bullish Underlying Sentiment

Whale accumulation strong: Addresses holding 10–100 M XRP have added $1.33B

, signaling heavy top-tier accumulation .

ETF storm brewing: Grayscale’s ETF conversion approval boosts expectations; Bloomberg sees 95% odds of a direct XRP ETF by year-end .

---

🧭 On‑Chain and Macro Drivers

Falling wedge nearing breakout: Technicals show wedge apex near $2.23—a weekly close above may target $2.92–$3.63 .

Volume & moving averages converging: RSI ramping near neutral (~63); MAs tightening—momentum building for a potential surge .

Macro tailwinds: USD weakening and Fed rate-cut bets hint at risk-on lift for assets like XRP .

---

📊 Key Levels & Trade Plan

Setup Trigger Zone Target(s) Stop-Loss

Range Dip Buy $2.13–$2.15 $2.30 → $2.50 < $2.10

Breakout Long Close > $2.23–$2.25 $2.50 → $2.65 → $3.00+ Retest ~$2.20

Fade on Rejection Fails at $2.23–$2.25 Drop to $2.10–$2.13 Break below $2.09

---

🧠 Trader Insights

Whales are stacking heavily—combined with macro tailwinds, the setup may be ripe for a breakout.

The wedge pattern and moving-average squeeze suggest high-probability trigger zones.

But sentiment remains cautiously optimistic—watch volume and breakthroughs closely.

A clear daily close above $2.23–$2.25 could unleash a fresh rally; a failure there could tip price below $2.10.

---

⏱️ Quick Take

XRP is primed at a technical and sentiment pivot point. Accumulation by large holders sets the groundwork; a breakout at $2.23–$2.25 on volume may trigger a move toward $2.50+, possibly reaching $2.65–$3.00. Until then, dips to $2.13–$2.15 offer low-risk entries. Just use tight stops and stay alert to volume spikes and ETF-driven catalysts.

➡️ DYOR .

PLEASE FOLLOW , Like and Share for more information and updates.