📍 Current price: $2.87
📉 24h Change: -2.46%
🏦 Market cap: $170.63B | 24h Volume: $7.54B
Current technical analysis:
XRP has broken the short-term upward channel, falling below its 21-day moving average. Immediate support at $2.80 is key. If it loses that, the next structural level is at $2.60. Selling pressure has increased since the last SEC decision, although the fundamentals remain solid.
Short and medium-term projection:
Bouncing in this area, XRP could test $3.05 again. In the medium term, the rumor about its banking license application in the U.S. could become a breakout catalyst towards $3.50–$4.00.
Expert opinion:
John Deaton, XRP's defense attorney, recently stated: “Ripple has more legal and structural advantage now than many other altcoins. It's playing long-term.”
🔍 Technical reflection: XRP may seem weak today, but it is assembling a structure for global banking adoption.
