$XRP Price Analysis and Near-Term Prediction

$XRP trades at ~$3.14, down 8% from $3.38, following a 300% rally since November 2024.

The Ripple-SEC settlement ($125M fine) cleared regulatory hurdles, boosting volumes to $12.4B (up 208%).

Technical Analysis: Support at $3.13-$3.21 (0.382 Fibonacci) holds firm; resistance lies at $3.31-$3.40. RSI (~55) is neutral, with 50-day EMA ($2.89) supporting a bullish trend.

Binance Square posts (e.g., @egragcrypto) note bullish patterns, with 73% of traders long.Fundamentals: Regulatory clarity and Ripple’s RLUSD stablecoin launch drive institutional interest. Whale accumulation signals confidence, though X posts flag profit-taking risks.

Near-Term Prediction: $XRP may test $3.31 resistance by late August 2025. Breaking this could push prices to $4-$6, fueled by ETF approval odds (95% by October). A drop below $3.13 risks $2.89. Monitor Binance Square for sentiment shifts.

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