đľ XRP Update: Whatâs Happening Now? đ
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Current Price Snapshot
⢠XRP trades around $3.13â$3.14, down ~0.5â0.7% over the past 24 hours and down about 11â12% over the past week ďżź ďżź.
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đ Why the dip?
XRP dropped from a recent high of ~$3.66 (mid July), shedding leveraged futures positions worth nearly $2.4 billion. That pullback flushed out speculative tradesâbut open interest remains elevated, hinting that many traders are still holding long ďżź.
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đ Whatâs fueling hope?
⢠Regulatory sentiment is turning bullishâU.S. is reviewing spot XRP ETF proposals, and ETFs are already live in Canada with strong inflows ďżź.
⢠XRP was included as part of the proposed U.S. crypto strategic reserve, boosting institutional credibility ￟.
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đ Whatâs next to watch?
⢠Support zone: ~$3.06â$3.10
⢠Resistance target: ~$3.40â$3.66 (recent high)
⢠Traders are eyeing whether XRP can reclaim momentum or if consolidation continues before a major push ￟ ￟.
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đŹ Your Turn!
⢠Are you HODLing or waiting for a better entry?
⢠Think XRP can bounce back to $3.40+, or even aim for $5 or more later in 2025?
⢠Or is caution the smart play for now?
Drop your takes belowâshare your price targets, ETF hopes, or why youâre staying cautious. Letâs build the most đĽ XRP chat here on Not Rich Yet!
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