📊 XRP Surges on Institutional Buying, Faces Quick Reversal

$XRP rose 2.81% in the last 24 hours to close at $3.29, peaking at $3.33 on double-average institutional volume after Ripple’s recent SEC settlement boosted corporate treasury flexibility.

💼 Market Drivers

💥Strong institutional participation pushed price to new local highs.

💥Settlement removes key legal uncertainty, improving Ripple’s strategic liquidity options.

📉 Technical Picture

💥Quick profit-taking pulled price from the $3.33 high into the close.

💥Support: $3.20 — holding here keeps sentiment bullish.

Resistance: $3.33 — breakout needed for further upside momentum.

📈 Investor Sentiment

💥Overall outlook remains positive despite slow growth in new wallets.

💥Traders eye a clean break above $3.33 to confirm trend continuation.

#Ripple #Crypto #CryptoNews #Binance

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Disclaimer: This content is for informational purposes only and does not constitute financial, investment, or trading advice. Always conduct your own research before making any investment decisions.