$XRP
Major cryptos including XRP have slipped recently amid a broader risk-off move as Bitcoin and equities declined. XRP, for example, fell about ~4.8% recently to ~$1.89 on weak sentiment. �
Barron's
Broader macro uncertainty (e.g., Federal Reserve rate expectations) continues to influence crypto risk appetite. �
Barron's
Technical environment
Some traders note consolidation around the ~$2.00 support level — buyers have defended this area recently, which may foreshadow stabilization or a potential squeeze higher. �
Other community-driven technical ideas point to near resistance zones around the $2.30–$3.00 range, with breakdown risks if key supports are lost. �
Summary short-term:
Bullish scenario: Holding ~$2 support with break above ~$2.50 could attract momentum.
Bearish scenario: Failing support could shift focus to lower levels (e.g., below $1.90).
(Short-term technical sentiment is mixed and highly volume-dependent.)
⚖️ Fundamental Drivers
🧑⚖️ Regulatory clarity
The SEC v. Ripple lawsuit officially concluded with the SEC ending its case and a penalty (Ripple paid $125M), removing a long-standing regulatory overhang. �
Reuters
This has been a key positive catalyst, boosting institutional interest and trading volume in the past#BinanceBlockchainWeek #WriteToEarnUpgrade #BinanceAlphaAlert #XRPHACKED #XRPPredictions