$XRP
🔍 Technical Analysis
Technical analyses indicate that XRP is currently in a corrective phase, having broken the support level at $2.83. If the price continues to decline below this level, it may face further downward pressure towards $2.75 or lower.
📊 Future Predictions
Short-term: If XRP can reclaim the $2.83 level, the price may see a rebound towards $3.05. However, breaking below $2.75 could lead to further declines.
Medium to long-term: Some analyses predict that XRP may target levels between $5 and $7 in the event of positive breakthroughs, supported by institutional and regulatory inflows.
💼 Institutional Support and Legal Developments
In 2025, the U.S. Securities and Exchange Commission (SEC) reclassified XRP as a commodity, ending a five-year legal dispute. This change may contribute to increased institutional confidence in the currency.
⚠️ Potential Risks
Despite the positive developments, XRP faces challenges including market volatility, selling pressure from whales, and the possibility of continued correction in the short term.
✅ Conclusion
XRP shows notable volatility signals at the moment, with potential opportunities for a rebound if key support levels are reclaimed. Investors should carefully monitor technical and regulatory developments before making investment decisions.
