Today, XRP showed a moderate increase of 0.10%, rising to $2.59 on Binance.
• 📈 Daily high: $2.62
• 📉 Daily low: $2.34
Key Takeaways
• Despite the overall market volatility, XRP maintains support above $2.50, indicating sustained investor interest.
• Potential favorable catalyst — news regarding Ripple's partnership expansions and possible court decisions in the SEC case against the company.
Recommendations for Traders and Investors
• Long-term: Consider positions in the $2.50–$2.55 range with targets of $3.00 after confirming solid support.
• Intraday: Scalping on bounces from $2.50 can yield stable profits in the range of 1–2% per session.
• Stay updated: Any announcements regarding partnerships with banking infrastructure or legal decisions could trigger a sharp price impulse.