🚀 $XRP Still Strong, Break $4? Here's the Latest Analysis!
Currently, $XRP is trading in the range of $3.41, after briefly touching a local ATH of $3.64. Many traders are starting to ask: Is XRP ready to continue the rally to $4, or is it time for a correction?
🔍 Brief Technical Analysis:
• Strong support: $3.30–$3.35
This area is a safe entry point if the price drops.
• Main resistance: $3.60–$3.65
A breakout above this level could push the price to $4.00+
• The RSI is currently still high (around 85–88), so be wary of potential short corrections.
📈 Positive Signals:
• High trading volume when breaking $3.40 → a signal of strong buying interest.
• Open Interest in futures $XRP reached $10 Billion → indicating strong market confidence.
🧠 Supporting Fundamental Factors:
• New regulatory support such as the GENIUS Act & Clarity Act from the US boosts investor confidence.
• There are major rumors about XRP being used as institutional reserves in the future.
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🎯 Conclusion:
• If it breaks $3.65? You can enter long → target to $4.00
• If it drops to $3.30? You can take a buy the dip position
• If you're hesitant due to high RSI? Consider gradual exit, don’t FOMO
