XRP $XRP
Short Analysis 📊
XRP trades at $1.04 (PKR 289.47) today, July 1, managing a minor 0.76% 24-hour rebound.
Market Catalyst: While macro trends look bearish on the daily charts, on-chain metrics show a massive 72% spike in daily active addresses over the past two weeks. This network growth, alongside steady spot ETF inflows, is creating a strong bullish divergence near the key $1 psychological floor, indicating selling exhaustion.
Support: $1.00 | Resistance: $1.13
#xrp
Short Analysis 📊
XRP trades at $1.04 (PKR 289.47) today, July 1, managing a minor 0.76% 24-hour rebound.
Market Catalyst: While macro trends look bearish on the daily charts, on-chain metrics show a massive 72% spike in daily active addresses over the past two weeks. This network growth, alongside steady spot ETF inflows, is creating a strong bullish divergence near the key $1 psychological floor, indicating selling exhaustion.
Support: $1.00 | Resistance: $1.13
#xrp