What's good fam!
$XRP just broke above 1.07 and pushed through 1.09 and now we're sitting right at that 1.10 level that everyone's been watching like a hawk
Let me break down what I'm seeing right now
Price is around 1.10 up 4.4% today and 5% this week which is solid but here's what really caught my eye
Volume is up nearly 27% above the 7 day average so people are actually showing up
New wallets just hit 4,941 daily addresses that's a 14 week high
Social sentiment is bullish at 3.7 to 1
And MVRV is sitting at -45% which means most holders are in deep loss territory
That last one is interesting because when everyone's hurting that's usually where smart money starts accumulating
My strategy right now is simple
If 1.10 holds and we get volume confirmation I'm looking long targeting 1.16 to 1.20
But if 1.07 breaks on heavy volume I'm not catching that falling knife I'll wait for 1.00 then 0.80
Here's something wild I noticed - XRP hasn't closed a July in the red since 2020
Every single year June bleeds and July bounces
And guess what July 2026 is already green
We also got the CLARITY Act hearing coming up on July 17
That's the biggest regulatory catalyst XRP has seen in years
But I gotta keep it real Standard Chartered just cut their XRP target from 8 dollars to 2.80 because ETF inflows are stalling
So yeah mixed signals for sure
Bottom line I'm watching this 1.10 level like my life depends on it
What about you
Are you buying this support or waiting for the breakout
Let me know in the comments
$XRP #Xrp🔥🔥 #TradingSignal #crypto #Binance