$XRP Quick Update: The Battle for $1.00!
XRP is holding the line at $1.05, fighting a heavy multi-month downtrend while a strong demand base builds underneath.
Here is what you need to know right now:
The $1.00 Floor: XRP recently brushed against $1.009, marking its lowest level since late 2024. Bulls are aggressively defending this psychological dollar support.
Bullish Divergence: Despite the recent price squeeze, on-chain daily active addresses jumped over 70% in late June, and spot ETF inflows have quietly remained positive.
Regulatory Expansion: On the fundamental side, Ripple just secured preliminary regulatory approval to operate across 30 European Economic Area (EEA) countries, boosting its institutional compliance narrative ahead of the upcoming CLARITY Act decisions.
📈 Levels to Watch:
Support: $1.00 – $1.03 (Must hold)
Resistance: $1.13 – $1.18 (Breaking this flips the macro trend bullish)
#XRP #Ripple #crypto #BinanceSquare #altcoins
XRP is holding the line at $1.05, fighting a heavy multi-month downtrend while a strong demand base builds underneath.
Here is what you need to know right now:
The $1.00 Floor: XRP recently brushed against $1.009, marking its lowest level since late 2024. Bulls are aggressively defending this psychological dollar support.
Bullish Divergence: Despite the recent price squeeze, on-chain daily active addresses jumped over 70% in late June, and spot ETF inflows have quietly remained positive.
Regulatory Expansion: On the fundamental side, Ripple just secured preliminary regulatory approval to operate across 30 European Economic Area (EEA) countries, boosting its institutional compliance narrative ahead of the upcoming CLARITY Act decisions.
📈 Levels to Watch:
Support: $1.00 – $1.03 (Must hold)
Resistance: $1.13 – $1.18 (Breaking this flips the macro trend bullish)
#XRP #Ripple #crypto #BinanceSquare #altcoins