$XRP XRP is trading above the key $1.00 support, showing resilience after June's sharp correction. On-chain activity has strengthened, with active wallet addresses increasing and leveraged positions largely cleared, which may reduce downside volatility. XRP spot ETF inflows have also remained positive despite broader market weakness. �
CoinDesk +1
Technical outlook:
🟢 Support: Around $1.00
🔴 Resistance: $1.06–$1.10
📈 A decisive break above $1.10 could improve short-term bullish momentum.
⚠️ A drop below $1.00 may expose XRP to further downside toward the $0.90 area. �
CoinDesk
Overall, XRP's fundamentals are improving, but the chart has not yet confirmed a sustained recovery. Traders are watching for a breakout above resistance before turning more bullish. This is market analysis, not financial advice.
#YenHitsFourDecadeLowVsDollar #SupremeCourtBlocksTrumpFromRemovingFedCook #SamsungSKHynixSharesRiseYTD
CoinDesk +1
Technical outlook:
🟢 Support: Around $1.00
🔴 Resistance: $1.06–$1.10
📈 A decisive break above $1.10 could improve short-term bullish momentum.
⚠️ A drop below $1.00 may expose XRP to further downside toward the $0.90 area. �
CoinDesk
Overall, XRP's fundamentals are improving, but the chart has not yet confirmed a sustained recovery. Traders are watching for a breakout above resistance before turning more bullish. This is market analysis, not financial advice.
#YenHitsFourDecadeLowVsDollar #SupremeCourtBlocksTrumpFromRemovingFedCook #SamsungSKHynixSharesRiseYTD