👀🔥XRP stabilizes near $3.50 after historic record: next target $5–$10?
📊 $XRP remains firm in the range of $3.45–$3.50, consolidating after reaching its historic ATH of $3.65. The market shows signs of calm, but massive accumulation and the regulatory backdrop keep expectations alive.
🧠 Key factors: – 🐋 Whales accumulate +2.2B XRP in two weeks, a record according to WhaleTrace
– In the last week, 25.5M XRP were moved to Coinbase, and another 73.6M were transferred between wallets
– The MVRV golden cross on-chain activated in July, similar to the previous rally of +630%
– Signals from the SEC: a final vote on Ripple's appeal is expected in July → technical pullback due to caution
📈 Technical level of the day: • Strong support: $3.40 – $3.45
• Immediate resistance: $3.65 (ATH)
➡️ If it breaks and closes above $3.70 with volume, the next technical target points to $4.10–$4.50, with bullish potential towards $5–$10 in case of ETF approval
💡 Outlook: XRP advances with institutional momentum and long-term technical signals. The current consolidation could represent a breather before a possible brutal breakout, especially if the SEC takes a pro-clarity regulatory stance.
👇 Are you prepared for an explosion towards $5 if XRP maintains this strength?
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