🚀 $XRP – Breakout Loading or Cooling Off?
$XRP is trading around $2.93, down ~0.7% intraday from its recent high of $2.96, while holding support at $2.82.
🔍 Market Insight:
✅ Broke out of a descending triangle near $2.84 with strong volume and institutional buying
✅ Surged ~8% to current levels
⚔️ Next resistance: $2.95 – $3.03
📊 On-Chain/Exchange Flows:
➡️ Whale accumulation + ETF optimism are fueling this rally
⚠️ Dormancy flow + rising exchange inflows could signal short-term cooling
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📈 Technical Outlook:
🛡 Support: $2.83
⚔️ Resistance: $2.95 – $3.03
🎯 Broader Upside Target: $3.40 if momentum holds
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🎯 Pro Tip:
Monitor volume, whale activity, and ETF news for the next decisive move.
💭 Your Take:
Is $XRP ready for a push to $3.40 – or about to cool off here?
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