💥 Can XRP Confirm a 20% Breakout — Or Is It Just a Fakeout? 💥

Ripple (XRP) is holding strong at $2.28 after a US judge halted President Trump’s tariffs, boosting crypto market sentiment. Short-term support near $2.26 remains critical.

⚖️ The recent court ruling reaffirms Congress’s authority over commerce, limiting the President’s emergency powers — a positive sign for market stability.

🔍 XRP faces resistance around $2.63, a potential 14% upside target if it breaks above the falling wedge pattern with rising volume.

📉 But watch out:

The MACD may flash a sell signal if the blue line crosses below the red, possibly pushing XRP toward liquidity zones at $2.20, $2.21, and $2.00.

XRP futures show open interest down 4.6%, while volume surged nearly 50%, indicating traders might be liquidating positions.

📅 Meanwhile, the SEC is gearing up for its June 9 DeFi roundtable in D.C., with experts from Espresso Systems, Columbia Business School, Jito Labs, and Coin Center joining the discussion on “DeFi and the American Spirit.”

👀 Keep an eye on the charts — this could be a critical moment for XRP!

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