🚨 XRP Update — Momentum Meets Caution 🚨
$XRP | +11.18% | $3.34
1️⃣ Legal Breakthrough:
Ripple & SEC edge toward closure after joint dismissal of appeals. A final settlement could bring long-awaited U.S. regulatory clarity — a huge win for XRP & the entire crypto market. 📜✅
2️⃣ $200M Stablecoin Move:
Ripple acquires Rail, a $200M payments platform, to launch its own stablecoin RLUSD — aiming to rival USDT & USDC in cross-border settlements. 🌍💱
3️⃣ Big Money Bets:
Galaxy Digital boosts holdings to $34M in XRP. Institutions are loading up ahead of a possible post-lawsuit bull run. 🏦🔥
📊 Technical Picture:
Support: $2.65 (critical VWAP + Fib zone)
Resistance: $3.50 ➜ Target $3.85–$4.10
Whale Zone: Heavy selling at $3.20–$3.40
Bear Risk: Below $2.65 ➜ Drop to $2.00 possible
⚡ Takeaway:
Lawsuit settlement + stablecoin expansion + institutional accumulation = strong bullish foundation 🚀
But… whales are active, and $2.65 is the line in the sand.
Next move could define XRP’s 2025 trajectory.