$XRP XRP Market Update – Strong Breakout Above $2.50
📈 Price Action:
XRP surged 12.6% in 2 days, hitting a 7-week high of $2.50. Technical indicators confirm strong bullish momentum targeting the $3.00 mark.
🔑 Key Catalysts:
🐋 Whale Accumulation: 47.32B XRP nearing all-time highs
🏦 Institutional Demand: Futures open interest up 30% to $4.98B
🌐 Ecosystem Growth: RLUSD stablecoin exceeds $500M market cap
💬 Community Sentiment (via Binance Square):
Aggressive buying at $2.40
Breakout confirmed by volume
$4.35 price target projected for July 2025
🎯 Trading Strategy:
Entry Zone: $2.40–$2.43
Short-Term Targets: $2.48–$2.63
Key Resistance: $3.00
Watch Out: RSI is elevated – profit-taking may trigger dips