$XRP Update đ Can XRP reclaim momentum after holding around $1.40?
đ° Price now: ~$1.40 | 24h: +1.0%
đ Market cap: ~$87.5B | Rank: #5
đ 24h range: ~$1.37 â $1.40
đ° What's happening:
XRP is stabilizing near $1.40 after recent volatility and a pullback from higher August levels. Trading volume remains above $1B, showing continued market interest despite the weaker short-term trend.
đ„ Key catalyst:
A recent SEC filing shows the 21Shares XRP ETF switched to the FTSE XRP Index as its pricing benchmark on August 27. Meanwhile, Ripple closed a $275M Ripple Prime senior notes offering earlier this month, adding to institutional-focused developments around the ecosystem.
đ Next step to watch:
đŽ Bearish case: A loss of $1.37 could bring $1.32 support into focus.
đą Bullish case: A sustained move above $1.40 could target $1.46 resistance.
đ My take:
XRP is holding steady, but a break above $1.40â$1.46 is needed to improve short-term momentum.
Not financial advice, DYOR â ïž
#XRP #Ripple #CryptoAnalysis $XRP
đ° Price now: ~$1.40 | 24h: +1.0%
đ Market cap: ~$87.5B | Rank: #5
đ 24h range: ~$1.37 â $1.40
đ° What's happening:
XRP is stabilizing near $1.40 after recent volatility and a pullback from higher August levels. Trading volume remains above $1B, showing continued market interest despite the weaker short-term trend.
đ„ Key catalyst:
A recent SEC filing shows the 21Shares XRP ETF switched to the FTSE XRP Index as its pricing benchmark on August 27. Meanwhile, Ripple closed a $275M Ripple Prime senior notes offering earlier this month, adding to institutional-focused developments around the ecosystem.
đ Next step to watch:
đŽ Bearish case: A loss of $1.37 could bring $1.32 support into focus.
đą Bullish case: A sustained move above $1.40 could target $1.46 resistance.
đ My take:
XRP is holding steady, but a break above $1.40â$1.46 is needed to improve short-term momentum.
Not financial advice, DYOR â ïž
#XRP #Ripple #CryptoAnalysis $XRP
