$XRP /USDT Price Prediction This Week on Binance
Current Price: ~$2.81
đTechnical & Market Overview
â˘Technical charts show a neutral-to-bullish bias: TradingView flags it as a "Strong Buy" on daily and weekly timeframes.
â˘On-chain data reveals high whale accumulation - with over 2,700 wallets holding >1 million XRP - and rising open interest, which could fuel a bullish breakout.
â˘However, activity metrics like active addresses have dropped significantly (-80%), and past profits suggest a possible pullback if support at $2.38-$2.50 doesn't hold.
đThis Week's Forecast
â˘Bullish Scenario: $2.90 - $3.40
A breakout above major resistance (around $2.80-$2.90) could spark a rally toward $3.40.
â˘Neutral Range: $2.50 - $2.90
Expect consolidation as the market digests whale activity and gauge support at $2.50.
â˘Bearish Scenario: $2.20 - $2.50
A break below $2.50 could trigger a pullback toward $2.20-$2.30, potentially testing weekly lows.
đTrade Plan
â˘Entry Zone: $2.60 - $2.80
â˘Take Profit 1: $2.90
â˘Take Profit 2: $3.40
â˘Stop Loss: Below $2.50
đStrategy Insight
Sentiment is cautiously bullish, underpinned by large wallet accumulation and technical strength. However, declining on-chain activity warns of potential consolidation or retracement. A breakout above $2.90 could signal fresh trend momentum, while a dip below $2.50 suggests waiting for a more stable entry.
