⚠️ ALERT OF BATTLE! XRP Test $2.05 (Technical) VS. REAL UTILITY (MORE & ETFs of $850M+)
Traders, we are at the turning point. The price of XRP has broken below $2.07, forcing a reexamination of the critical support at $2.05. The short-term momentum is bearish, but the fundamentals are undeniable!
📉 THE TECHNICAL CHALLENGE (Watch out for $2.05):
Key Support Lost: $2.07 is now Immediate Resistance.
Watch: $2.05 is the next level of defense. If it fails, we could see a drop down to the $1.90 region.
Cause: Bitcoin's weakness continues to drag the Altcoin complex down.
🟢 THE FUNDAMENTAL ARSENAL (The Reason to Accumulate):
📈 Record ETFs: Inflows into spot XRP ETFs exceed $850 MILLION. Institutional money is accumulating!
🌏 Utility Expansion (Fresh News!): Ripple just received a key approval from MAS in Singapore, massively expanding its payment services in the APAC region.
📉 Scarcity on Exchanges: The supply of XRP on exchanges has fallen by 29%, as tokens move to institutional custodians. Less XRP to sell means future buying pressure will be explosive!
CONCLUSION: The current correction is driven by short-term speculation, but is completely contrary to institutional demand and real utility. The break of $2.05 would be an opportunity for "smart money" to buy.
Like it if you maintain your long-term view despite the volatility!
🏷️ Hashtags (Maximum Visibility and Relevance):
#XRP #RIPPLE #ETFNews #MAS #BinanceSquare
