๐จ XRP Weekly Outlook: July 28 โ August 1
High Stakes. High Hopes. Will $XRP Explode or Stall? ๐ฎ
As July wraps up, $XRP enters one of its most crucial weeks yet โ with legal drama and ETF whispers adding serious fuel to the fire. Letโs break it down:
๐ Key Catalysts to Watch:
๐น SEC Meeting โ July 31:
All eyes are on Rippleโs legal standing. A behind-closed-doors decision could deliver clarityโpossibly sparking another explosive breakoutโฆ or short-term volatility.
๐น XRP Spot ETF Speculation:
Buzz is growing louder about a potential XRP ETF, possibly led by giants like BlackRock. If confirmed, this could be a game-changer for institutional flow.
๐ Current Technical Setup:๐ฐ Price: $3.23
โ Holding above major support
๐ Trading well above key moving averages
๐ Strong volume = deep liquidity + possible whale activity
๐ Analyst Outlook:
๐ฏ Short-term Target: $3.28 (~5% upside)
๐ฅ Bullish Scenario: $3.60โ$3.80 if XRP clears resistance at $3.38โ$3.48
๐ Extreme Bull Case: $6โ$8 if momentum snowballs post-SEC clarity or ETF approval
๐ง Smart Strategy Tip:
Lock in partial profits, move stop-losses tighter, and watch price behavior around $3.38โ$3.48. Breakout = early entry window before $4+ run.โ Bottom Line:
This week could define XRPโs August trajectory. A breakout toward $4โor a retest lowerโhangs in the balance. Stay sharp, stay informed, and be ready to act.
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๐ฃ๏ธ Whatโs YOUR XRP price target this week? Comment below!