Clear summary: Strong rise in the medium term, but a temporary drop/correction is very much expected in the coming days.

📈 Strength factors (Bullish):

* 💰 Historic institutional demand (key to the rise): Announcement of the establishment of an XRP treasury worth $1 billion through Evernorth Holdings, aimed at purchasing from the open market, confirms immense institutional confidence and creates strong future demand.

* ✨ Major Technical Breakthrough: XRP has broken through a historic resistance level that has lasted for 7 years, which is a very strong technical signal for a potential and significant launch.

* 🐳 Whale Accumulation: The accumulation of 30 million XRP by whales confirms the interest of major investors in buying.

* ⚖️ The ETF and Regulatory Uncertainty: Following the conclusion of the SEC case, watch for upcoming decisions regarding XRP Spot ETF funds (deadlines in October), which are considered the biggest catalyst.

📉 Caution Factors (Caution - حذر):

* 🔥 Overbought: The recent increase of 4.81% pushed the Relative Strength Index (RSI) to 79.65, indicating that the asset is currently "overbought."

* ⚠️ Founders' Transfers: Large transfers (such as 50 million XRP from a co-founder) may put temporary selling pressure on the market.

💡 Expert Strategy (My Opinion):

* For the average/long-term investor: Use any upcoming price dip as a golden opportunity to buy and accumulate the currency, as the overall trend is supported by fundamentals that cannot be ignored.

* For day traders: Be cautious of increasing volatility. Risk management and setting stop-loss orders are advised due to the potential for profit-taking and correction.

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@كريبتو بالعربي @Binance News