๐ XRP Market Snapshot โ Aug 24, 2025
๐ Price Action
Trading $3.01โ$3.10 โ holding above the key $3.00 support
Resistance: $3.06 | Support: $3.00 / $2.96
Technicals: RSI neutral โ๏ธ, but bearish MACD hints at short-term consolidation
๐ฅ Fundamentals
โ SEC Settlement (Aug 14) โ boosted confidence & institutional interest
๐ Whales on the move โ 470M XRP transferred
๐ CME Futures at ATH โ institutional demand rising
โ ๏ธ Still -20% in last 30 days, creating mixed narratives
๐ฅ Sentiment & Strategy
๐ 89% Bullish: banking partnerships + legal clarity
โ ๏ธ 11% Cautious: weak volume + whale supply risks
Strategy: Scaled entries near $3.00, stop-loss tight โ
Watch for breakout above $3.06 with strong volume
๐ฎ Analyst View
$8 target possible, but hinges on banking partnerships & institutional adoption