🚀 $XRP cae at $3.28 after technical pause: opportunity to buy?
📊 Current price and technical structure
XRP is trading at $3.28, with a pullback after hovering around $3.57, forming a healthy consolidation between $3.25 and $3.57. It remains above the key support at $3.25, which keeps the bullish trend intact.
⚙️ Key factors
The SEC postpones the approval of the Bitwise ETF, generating pressure and causing a ~1.99% drop today.
Despite the dip, XRP has accumulated +220% so far this year and remains above $3.40 in the last week.
Volume remains high: swings of 3% were reported between $3.46 and $3.57 with strong institutional activity.
XRP's market cap surpassed $203.9 B, exceeding companies like PepsiCo and AT&T, consolidating its position as the third crypto by market capitalization.
🔧 Technical level of the day
📌 Key support: $3.25–$3.30
📌 Immediate resistance: $3.40–$3.50
🎯 Critical zone: maintaining a close above $3.30–3.35 validates a rebound towards $3.50, with a possible extension to $3.70+
🌐 Institutional outlook / macro vision
Although the wait for the ETF generates uncertainty, strong institutional adoption and support from the regulatory narrative play in favor. The current drop may be an entry opportunity before a technical rebound, especially if BTC and ETH stabilize.
Would you buy XRP below $3.30 or wait for confirmation above $3.50? Comment your strategy 👇
