That’s a solid breakdown 😼 — $XRP is definitely at a make-or-break level right now.

Here’s how I see it:

Bullish case 🟢

Price holding above $3.00 + key EMAs shows strong buyer defense.

Whale accumulation in custody wallets (BitGo) is usually a long-term bullish sign — they don’t move that kind of size unless they’re expecting upside.

If $3 flips into a firm support, momentum could build toward $3.25–$3.35 pretty quickly.

Bearish case 🔴

The $53M sent to Coinbase could weigh on short-term price (possible sell pressure).

Losing $2.90 opens the door back toward $2.75–$2.78 support, where buyers last stepped in.

⚖️ Neutral take:

Right now, $3 is the “battlefield” — sustained closes above it = bullish continuation. A decisive drop under $2.90 = caution.

👉 My lean: Slightly bullish as long as $3 holds. If whales keep absorbing supply, the upside path looks stronger.