$XRP just delivered on the chart with precision. The forecasted slip to $2.84 happened, followed by a sharper dip to $2.70, but buyers stepped in hard. XRP is now reclaiming $2.85, proving the retest structure was valid. This move confirms the setup that was highlighted earlier this week-let the chart speak, and it just did. I called it in my analysis using only one of the most well-known and effective skills in technical trading: identifying ascending support.
#XRP is now dominating Binance volume out of 🇰🇷 Korea. Trading volume on the XRP/KRW pair has surged to $646 million, contributing a massive 32% of global volume. Total XRP volume sits at $2.01 billion, cementing the pair as the most traded on Upbit. This isn’t a random pump-it’s a regional wave of buying strength backed by strong technicals.
At the same time, on-chain metrics are flashing bullish. The average age of XRP investments has dropped 13% in just 30 days, showing that older coins are moving again. This rotation from long-term holders signals growing confidence that the next leg is brewing. When veteran wallets move in unison, the market should pay attention.
Adding to this fire, Ripple locked 700 million XRP in escrow just yesterday, further reducing the circulating supply. Less active supply combined with rising demand is a catalyst in plain sight. The current price structure also shows a clean bounce off ascending support, with the $2.84 retest holding beautifully. Volume is beginning to tick up again, aligning with bullish momentum and historical breakout patterns.
Meanwhile, 🇦🇪 Dubai and the UAE continue to lead the adoption wave. Taxis now accept crypto payments, and $XRP stands as the only fully regulated digital asset in the region. That’s not just Regulatory clarity - that’s real-world utility.
XRP’s technicals, whale movement, on-chain behavior, and global traction all support one narrative-momentum is building, and the breakout is loading. With the SEC case still looming and speculation heating up, the timing couldn’t be sharper. This isn’t just hype; the chart, the volume, and the on-chain data are all synced.
XRP just proved the forecast right. Now it’s a matter of how far this breakout goes.
#ProjectCrypto #TrumpTariffs #MarketPullback #WhiteHouseDigitalAssetReport