$xrp

XRP is trading at 2.96$ (-5.45%) with a market cap of 176.3 billion$ in the midst of a descending triangle formation after breaking through $3. 94% of the supply is in profit, raising concerns of a correction as occurred in 2018/2021. Critical support at 3.05$ and breaking it could push towards $2.39, while breaking 3.25$ could open the way to $3.50. The Ripple settlement with the SEC and increased institutional adoption bolster momentum, but the NUPL indicator suggests the possibility of profit-taking. The community is divided between overbought conditions and a new accumulation opportunity.