🧠 My humble opinion on the movement of $XRP

On the 1D timeframe, applying Heikin Ashi candles, Bollinger Bands, divergent RSI, and Matrix Series, an interesting technical behavior in XRP can be observed:

The last relevant high was on January 16, 2025, when the price reached $3.40. Subsequently, the lowest value was recorded on April 7 at $1.61, marking a clear zone of strong accumulation.

From that point, the market showed sustained momentum for 37 days, which took the price to $2.64, consolidating a recovery range with likely institutional entry.

On June 6, a new buy signal was observed, reinforced by a second confirmation on June 22, when the price was at $1.90, forming a bullish double entry structure.

Today, with the asset around $3.03, a distribution phase or profit-taking is being consolidated, as reflected by the candle pattern and RSI exhaustion.

From this perspective, a technical correction towards $2.39 can be expected, a level that coincides with intermediate supports. However, the average of the Bollinger Bands at $2.23 offers a more conservative technical reference for the pullback.

All this analysis remains conditioned to the definitive outcome of the SEC vs. Ripple case, which, once resolved, could validate or nullify the current technical structure depending on the impact on institutional perception and market response volume.