$XRP 1. Short-term Price Momentum

◦ Current Price: The trading price of XRP is approximately $2.19, close to the 50-day moving average ($2.20). If it breaks through, it could impact the $2.75-$3.29 range.

◦ Technical Signals:

▪ The weekly level is attempting to break through the downward channel, with MACD showing a bullish short-term trend above the zero line, but RSI (52.21) indicates caution for overbought pullbacks.

▪ If it holds above $2.20, the next target is the psychological level of $3; if it drops below the support of $2.05, it may retrace to $1.90.

2. Capital and Position Dynamics

◦ Institutional Fund Inflows: The Teucrium leveraged XRP ETF (XXRP) has reached an AUM of $40 million in three weeks since its listing, reflecting increased institutional interest.

◦ Whale Accumulation: Addresses holding 1 million to 100 million XRP have recently increased their holdings by 260 million, and on-chain data shows centralization of key holdings.