• XRP is trading at $3.06 (+6.30%), facing a critical resistance of $3.00 to $3.04
• Support levels: $2.90-$2.95 (short term), $2.75-$2.80 (whale defense)
• Upcoming targets: $3.20-$3.25, with a possible retest of the all-time high (ATH) of $3.84 if momentum continues
Main Growth Drivers
• Regulatory clarity: A timeline has been established for the resolution of the lawsuit between SEC and Ripple
• ProShares Ultra XRP ETF driving 75% of the gains since the beginning of the year
• Acquisition of Hidden Road for $1.250M strengthening institutional integration
• Launch of the stablecoin RLUSD and record volume in CME futures of $235M
Trading Strategy
• Watch for confirmation of the breakout at $3.00-$3.04 for possible acceleration towards $3.84
• The long/short ratio (80-109) indicates a sustained bullish bias with caution
• Consider leveraged positions with protective stops at $2.75
