$XRP is trading at approximately $3.27. The market capitalization reaches $194 billion and the daily volume remains high.
💥 XRP faces pressure after ETF delay and falls back to $3.27 — Is consolidation coming?
Key context
A nearly 2% drop, now trading at $3.27, after the SEC postponed the approval of the Bitwise ETF.
The bearish sentiment reinforces regulatory uncertainties, despite the existing technical momentum.
Nonetheless, the long-term outlook remains intact: analysts are betting on new catalysts if the regulatory environment advances favorably.
Key technical levels of the day
Important support: $3.35
Immediate resistance: $3.62 (top of the bullish pattern)
Critical zone: staying above $3.35 could allow a rebound towards $3.50–$3.60.
Institutional / macro perspective
The delay in ETF approval generates volatility and uncertainty. However, the accumulation of whales and technical support continue to point to a possible recovery if regulatory bottlenecks are resolved.
Do you think this pullback is an opportunity or a sign of prolonged consolidation? Share your view 👇
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