#XRP

🚀 Quick Analysis of XRP

💰 Current price: $2.96

📈 Intraday range: $2.94 – $3.03

🔥 Reasons for the momentum

📊 Bullish technical breakout → exit from the bearish channel, possible rally towards $3.38 – $5.

🐋 Whale accumulation → +340M XRP in 2 weeks.

🗓️ Key event: SWELL 2025 in November, with high market expectations.

🏦 Favorable macro environment → Fed more "dovish" boosts risk assets.

⚠️ Risks and alerts

📉 Record deposits on Binance → possible selling pressure.

🔒 Decline of DeFi on XRPL → TVL below $100M and -90% in DEX volume.

👥 Decreased retail interest → Google Trends sharply declining.

🌪️ High volatility → analysts predict a strong rally followed by possible correction.

---

📌 Conclusion

⭐ XRP strongly defends the $3 level.

⭐ It has bullish potential towards $3.38–$5, driven by accumulation and key events.

⭐ But the market still shows selling risks and low activity on XRPL.