📈 ¡$XRP stands out with strong momentum! Going for the opportunity
In the last few days, XRP has surged by 25–30% since the end of June, consolidating near the level of $2.58, breaking resistances and showing strength towards a possible larger rally.
🔍 What is influencing this movement?
• High institutional interest: wallets with more than 1M XRP now total 2,743, with over 47.3B XRP accumulated.
• Influx of crypto liquidity due to the overall market rally, high volume, and technical momentum of Bitcoin.
• Regulatory optimism and ETF: rumors about the inclusion of XRP in a blue-chip crypto ETF triggered a 6% rally in a single day to $2.57.
📊 Technically, XRP surpassed a key bullish pattern and held support at $2.53–2.54; now, many analysts point toward the range of $3.00–$6.00 if it maintains the momentum.
🧠 Recommended strategy:
• Gradual buying between $2.50–2.60 to minimize the impact of possible pullbacks.
• Place a prudent stop-loss below key support levels ($2.50).
• Consider short/mid-term targets between $3.00 and $4.00, reviewing volume signals and legal and ETF news.
📢 And you? Are you already in the XRP movement or would you prefer to wait for a pullback to enter at a better price? Leave it in the comments 👇
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