🚀 XRP: Soar to $5 or Crash to $2.8? In-Depth Analysis and Trading Plan on Binance!
Hello, crypto enthusiasts! Today we analyze $XRP on Binance. Current price: $3.1, increase over 24 hours +2.6%. The coin's volatility is high, which opens up opportunities but requires caution.
Analytics: $XRP shows signs of recovery after the correction. Technically, the price bounced off the support at $2.8, RSI at 53 (neutral moment), 200-day EMA holds the trend. Fundamentally: the launch of the RLUSD stablecoin by Ripple enhances cross-border payments; partnership with BBVA and inclusion in the US crypto reserve in March 2025 stimulate institutional interest. Elliott waves indicate the final bullish impulse wave (5). Whale accumulation of 340M tokens, despite pressure. Forecast for September: $3.3–$3.5 while holding $2.8; by the end of 2025 – up to $5 upon ETF approval in October and a decrease in Fed rates. Conservatively: average $3.5–$4.2, but a risk of a 10% drop to $2.5–$2.6 upon breaking support.
Analytics: $XRP shows signs of recovery after the correction. Technically, the price bounced off the support at $2.8, RSI at 53 (neutral moment), 200-day EMA holds the trend. Fundamentally: the launch of the RLUSD stablecoin by Ripple enhances cross-border payments; partnership with BBVA and inclusion in the US crypto reserve in March 2025 stimulate institutional interest. Elliott waves indicate the final bullish impulse wave (5). Whale accumulation of 340M tokens, despite pressure. Forecast for September: $3.3–$3.5 while holding $2.8; by the end of 2025 – up to $5 upon ETF approval in October and a decrease in Fed rates. Conservatively: average $3.5–$4.2, but a risk of a 10% drop to $2.5–$2.6 upon breaking support.
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XRP
1.9973
-0.73%
BTC
89,592
-0.56%