🔴 XRP — $2.94 | -0.39% | Cap: $174.64B

📊 Current technical analysis:

#FOMCMeeting

XRP is showing stability against its peers, with a minimal drop of -0.39%, suggesting relative strength. The price remains above the technical support at $2.90, although it has not managed to consolidate above $3.00.

Technically, XRP is within a symmetrical triangle pattern, a sign of indecision. The decreasing volume validates this compression. If it breaks upward, the technical target would be $3.25; if it breaks downward, it could visit $2.80.

The sentiment around Ripple improves after its partial legal victory against the SEC, although analysts from Messari warn that regulatory doubts persist for the future.

  • 📈 Resistance: $3.10

  • 📉 Support: $2.85

  • 📊 RSI: At 53, neutral.

📌 Projection:

XRP could consolidate for several days before a directional breakout. The bias remains bullish as long as it does not lose $2.85.

🧭 Strategic Reflection:

XRP could be the "sleeping horse" of the top 5 if it breaks strongly above $3.10.

Will XRP be the most undervalued token or has it already reached its peak in this cycle?

$XRP