$XRP

General analysis of XRP currency in the foreseeable future ⏳

💥With the official disclosure approaching, investors are awaiting a government confirmation that could reignite momentum and enhance the chances of reaching new price levels.

🧭 Technical analysis: Levels to watch closely

Technically, XRP is facing a pivotal phase:

🎯 Critical support currently lies at $1.21, a level that keeps the upward trend intact as long as it is not broken.

The current consolidation area shows a horizontal formation, likely part of a triangle pattern, indicating an impending decisive move.

If support at $1.77 is broken, the price may drop to the range of $1.20 – $1.50.

In the bullish scenario:

🎯 Immediate resistance at $2.23, and breaking it opens the way to reach $2.56 – $2.83.

To confirm a strong upward wave, the level of $2.57 should be surpassed, with the potential to target $3.40 as a key technical level.

🌀 General assessment:

📝 With anticipation for the U.S. government's disclosure, XRP remains in a critical but promising position.

🌟 Official confirmation of its status within the digital reserve could serve as a strong bullish catalyst, enhancing demand and restoring confidence in blockchain-based payment assets.