🚀 $XRP breaks $3.50 driven by regulations and institutional signals
📈 XRP rises nearly 3% in 24 hours, trading around $3.52, and accumulates more than 20% profit in the last week, approaching its all-time high near $3.65.
🏛️ Key news:
The GENIUS Act and the Digital Markets Clarity Act are advancing in the U.S., which may facilitate the institutional adoption of crypto assets like XRP.
Ripple moved 210M XRP (~$738M) between its wallets, consolidating its position, not selling.
$1.4B in on-chain transactions in a single day: activity on the XRP Ledger is at its highest since February.
📊 Technical analysis:
Support: $3.45
Resistance: $3.65 (recent high)
Technical entry: $3.50–$3.52
Stop Loss: $3.40
TP1: $3.65 / TP2: $3.80 / TP3: $4.10 (bullish weekly setup)
RSI ~60 (room to rise), MACD trending up on 1h and increasing volume.
Great setup! The combination of regulatory advances, on-chain consolidation, and technical momentum shows a strong signal for continuation.
