$XRP XRP: Key Factors to Watch Before Tuesday ๐จ
Over the next 48 hours, XRPโs price could see heightened volatility driven by three major catalysts:
1. Ripple vs. SEC โ Market speculation suggests a possible case update, historically linked to sharp price swings.
2. Institutional Accumulation โ Large wallet holdings have increased post-SEC case dismissal, signaling strong market confidence.
3. Macro Data Releases โ Upcoming U.S. CPI and PPI reports may influence risk asset sentiment, including crypto.
Technical Snapshot (Aug 11, 2025):
Price: ~$3.27
Resistance: $3.40โ$3.45 (breakout could target $3.80)
Support: $3.15โ$3.16 (breakdown may retest $3.00)
Outlook:
A decisive break above $3.40 with volume could fuel a 10โ20% rally. Weakness or negative macro news may prompt a pullback toward $3.15. Watch U.S. market hours for peak volatility.
