#BinanceTradeSmarter 📊 XRP: All-Time Highs and Market Adjustments
On January 15, 2025, XRP reached an all-time high of $3.02, partly driven by the expectation that the SEC will withdraw its appeal against Ripple Labs.
However, in recent days, XRP has corrected its price to $2.19. This variation is related to the implementation of tariffs from the U.S. to Canada and Mexico, which has generated uncertainty in financial markets and led investors to opt for safer assets.
Technical Analysis:
• Short term: Neutral trend
• Medium and long term: Bullish outlook
• Key resistances: $2.94 and $3.29
• Key supports: $2.14 and $1.39
Although XRP has shown positive performance in recent months, it is essential to monitor external factors—such as trade policies and regulatory decisions—that could impact its price.
