$XRP
đ¨ Market Overview
Current Price: Trading around $2.95, down approximately 6âŻ% in the last 24 hours .
Recent Trend: After climbing into the lowâ$3 range, XRP retreated under $3 due to profitâtaking and whale activity tied to a $175âŻmillion transfer by a Ripple coâfounder .
Technical Indicators:
Still trading above multiple major EMAs (20â, 50â, đŻ, 200âday), signaling bullish momentum .
RSI around 65 suggests active buying interest still remains .
Category Key Points
Technical Setup Bull flag breakout with key resistance at ~$3.00â3.14
Regulatory Edge August 15 deadline could end SEC appeal
ETF Prospects Approval likely in late 2025
Market Risk Recent whale transfers and macro headwinds fueling short-term dips
Long-Term View $5â$6 possible if adoption trends continue; longer-term targets remain in double digits #XRPRealityCheck