$XRP XRP Market Update โ Strong Breakout Above $2.50
๐ 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.
๐ Key Catalysts:
๐ Whale Accumulation: 47.32B XRP nearing all-time highs
๐ฆ Institutional Demand: Futures open interest up 30% to $4.98B
๐ Ecosystem Growth: RLUSD stablecoin exceeds $500M market cap
๐ฌ Community Sentiment (via Binance Square):
Aggressive buying at $2.40
Breakout confirmed by volume
$4.35 price target projected for July 2025
๐ฏ Trading Strategy:
Entry Zone: $2.40โ$2.43
Short-Term Targets: $2.48โ$2.63
Key Resistance: $3.00
Watch Out: RSI is elevated โ profit-taking may trigger dips
