🚨 XRP Declines, But Indicators Hint at a Possible Recovery
XRP is currently trading at $2.15, down about 4% after a market correction triggered by geopolitical tensions in the Middle East that pushed investors toward gold.
However, positive indicators are emerging:
Ripple and the SEC have moved to partially lift a $125 million penalty, easing regulatory pressure.
Institutional demand for XRP is growing, with over $470 million held by major companies in their vaults.
An 80% chance of an XRP ETF emerging could restore momentum to over $5.
Technically, XRP maintains important support between $2.09 and $2.11, targeting a potential rebound towards $2.30 if it holds above this area.
🔍 Today's Tip: Trade carefully at support areas and capitalize on potential upside signals with smart risk management.