$XRP P is currently dancing around $2.81, caught between $2.70 support and $2.90 resistance on the 1-hour chart. EMAs are flat — classic consolidation mode — but the moment it breaks $2.90, it could sprint to $3.20 almost instantly. ⚡
Why the $5 talk isn’t just hype:
1️⃣ Fed Rate Cut Incoming
Mid-September could see a Fed rate cut, meaning cheaper liquidity flows into risk assets. XRP loves this kind of environment. 💸
2️⃣ ETF Buzz Heating Up
The ETF approvals chatter is real. If ETFs start rolling in, institutional demand could push XRP higher faster than retail hype alone. 📈
3️⃣ Global Expansion — Thunes Deal
Ripple’s new Thunes partnership covers 130+ countries and 80 currencies. Real-world utility + adoption = solid bullish fundamentals. 🌍💥
4️⃣ On-Chain Signals Strong
Coinbase cut XRP reserves by ~83% → visible supply shrinks.
Derivatives data: recent long liquidations with no shorts → classic “reset” before explosive moves. 🔥
Trading Levels & Targets:
Entry / Support Zone: $2.70 – $2.81
Immediate Resistance: $2.90
Next Target: $3.20
Dream Target (if catalysts hit): $5 🚀
Verdict:
$5 isn’t guaranteed, but logic lines up:
Break $2.90, hold above $3, combine with Fed rate cut + ETF flows, and $XRP could make a serious run toward $5 in the next cycle.
Without catalysts? It remains a dream.
#USNonFarmPayrollReport #BinanceHODLerOPEN #MarketPullback #BTCvsETH #ListedCompaniesAltcoinTreasury
💎