$XRP

XRP update:

📊 Price & Range

Current Price: ~$2.27 (↑ ~2–3%)

Trading Zone: Breaking above $2.28 resistance with volume

🧠 Key Catalysts

Bullish trigger: Ripple’s U.S. national bank charter application injected confidence and momentum

Massive whale accumulation: Over 610M XRP (≈$1.3B) by large holders, and ~$915M snapped up in one week

Technical setup: Broke from long-term pennant; rising MVRV-Z, SOPR, and HODL waves suggest sustainable depth—not blow-off

📈 Technical Levels

Support: $2.24–$2.25

Key Resistance: $2.35–$2.38 for breakout; next targets $2.60 → $2.78 → $3.00+

Downside risk guard: Break below $2.08 could trigger a deeper correction toward $1.90–$1.80

🎯 Trade Setups

Buy the Dip → $2.24–$2.25 support: Aim for $2.35 → $2.60+

Breakout Long → Close above $2.35 with volume: Targets $2.78 → $3.00+

Stop-Loss → Below $2.20 or $2.08 on breakdown

DYOR .

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