Crypto analyst Xoom has shared a clear warning for $XRP investors:
๐ โFor spot holders, the only thing that matters is if XRP holds its weekly support. Everything else is just noise.โ
๐ Current Market
XRP is trading around $3.02.
Price has been swinging between $2.97 โ $3.10.
After reaching $3.30 in mid-August, XRP pulled back and is now consolidating near $3.00.
โจ Key Weekly Support Zone
Support range: $3.00 โ $3.20.
$3.20โ$3.22 โ confirmed by strong trading volume.
$3.00 โ major psychological level to watch.
If XRP stays inside this range at the weekly close, the long-term bullish outlook stays intact.
โก Why This Matters for Spot Holders
Spot holders (no leverage) donโt face liquidation risks during short-term swings.
What really matters is the weekly chart.
Holding above support = bullish structure remains strong.
Closing below = risk of deeper correction ahead.
๐ฎ Outlook for XRP
โ If XRP defends $3.00โ$3.20 support โ strong chance for upside continuation.
โ If it loses this zone โ momentum shifts to bears, bigger correction possible.
For now, the message is simple:
Ignore the intraday noise. Watch the weekly candle.
