$XRP
🚨XRP PRICE RALLY COOLS ABOVE $3.00, ANALYSTS SPLIT ON WHAT COMES NEXT🚨
XRP price has cooled above $3.00 after a strong rally, but signs of slowing momentum are showing, even as Ripple news floods the market. Some analysts see Ripple’s legal progress and growing adoption pushing XRP prices higher.
Others see it facing resistance in the coming weeks. Recent Ripple news has played a big role in shaping investor sentiment. A major legal breakthrough with the SEC removed the long-standing cloud over the project. At the same time, Ripple has made global partnerships that are also driving demand.
But not all Ripple news has been positive. Recent news of Ripple CEO’s XRP sell-off triggered a quick 10% drop before the market bounced back. The development shook confidence briefly, even as broader crypto sentiment stayed strong.
Technically, XRP price is still trading above key support levels. The RSI has eased from overbought conditions, and open interest remains near cycle highs. On-chain data also shows whale wallets are absorbing supply, hinting at more price strength.
If bulls can maintain momentum above $3.00-$3.10 range. The altcoin could reclaim the $3.66 level if it amasses strong volume. A push to $5 later this year should, therefore, be on the table.