XRP (XRP) - The $3 Target: Is it a reality? 🚀🌐
$2.80 is a crucial level for everyone watching this project. 🔮 XRP is one of the projects that returns to the trend every now and then 👀, and this is due to its strong idea of being a bridge currency for cross-border payments. Now XRP is holding around $2.80 💵, and traders are asking: Is this the time to accumulate or is a new correction coming? 🤔
$XRP
{spot}(XRPUSDT)
📊 Current status:
Price: around $2.80 📈
Trading volume increased significantly in the last 24 hours ⏱️
Increased activity on the Ripple network 🔗
🔥 Strength factors:
Strong infrastructure allows connecting different blockchain networks 🌐
The outcome of the SEC lawsuit, which has provided some regulatory clarity, is a major positive.
Continued partnerships with financial institutions and an increase in DeFi projects built on XRP 💸
⚠️ Risk factors:
$DOT
{spot}(DOTUSDT)
Strong competition from other payment networks and Layer 1 solutions ⚡
Any weakness in funding could slow the expansion of the Ripple network's services ⏳
Significant resistance around $3 💣
🧠 Smart trader's plan:
🚨 Stop loss at $2.70
🎯 First target at $3.00
🌕 Extended target at $3.50 if the market supports momentum
🔮 Near-term forecasts:
$DOGE
{spot}(DOGEUSDT)
Short-term: Continued movement between $2.80 – $2.95 🔄
Average range: Breaking $3.00 could open the way to $3.20–$3.50 🚀
Risk: If it breaks $2.70, it could quickly return to $2.50 📉
💡 Summary: XRP is a project with a strong vision 🎯, and the current price could be an opportunity for accumulation if the market supports the trend. However, the key is breaking $3, without which XRP will remain confined to the current range.
#XRP #Ripple #BitcoinETFMajorInflows #Binance