🚨 $XRP Up 30% in a Week! Can It Still Continue to $3.60?
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📈 Latest Technical Analysis:
XRP is currently trading in the range of $3.25, significantly up from last week when it was below $2.50. This surge occurred after:
• Strong breakout from the $3.00 resistance zone
• Daily RSI approaching 73 → overbought signal, but no signs of weakening yet
• MACD & ADX showing a strong bullish trend
• Open Interest up 26% → signal indicating many institutional traders are entering
💡 Many large traders have been seen accumulating in the range of $2.85–$3.00. What does it mean? Whales still believe XRP's rally is not over.
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📊 Supporting Fundamentals:
• 🧾 XRP Futures ETF from ProShares will be released on July 18, 2025 → this could trigger a surge in volume and mass FOMO.
• ⚖️ Regulatory clarity is becoming clearer, especially after the US Congress approved a bill promoting the adoption of legal crypto.
• 🌍 XRPL is increasingly used for international transfers → real increase in XRP utility.
