$XRP
s 1.22% move catches my attention as it suggests underlying strength despite regulatory uncertainties. As I see it, the recent price action indicates that smart money is positioning for potential regulatory clarity that could unlock significant upside.
I'm watching the $3.20 support level closely - that's roughly 9.6% below current levels. This zone has shown remarkable resilience in recent weeks, and I think whale accumulation is occurring at these dips. The institutional interest in XRP's utility for cross-border payments makes this support level particularly significant.
On the upside, I see major resistance at $3.90, approximately 10.2% above current price. When whales decide to test this level, I anticipate substantial volume spikes as retail FOMO could amplify the move. The pivot dynamics around this level will be crucial for determining XRP's next major directional move.
