$XRP IS HOLDING KEY SUPPORT WHILE INSTITUTIONS ACCUMULATE 🔥
XRP is trading around $1.07 after bouncing 6.4% from the $1.01 low. The daily RSI at 36.8 shows multiple bullish divergences over recent months, signaling weakening downside momentum despite the broader market pressure.
Institutional interest remains strong with $22.99M in spot ETF inflows last week and whale wallets now controlling 74.1% of the circulating supply. Support at $1.00 is the line in the sand — losing it opens $0.88 and $0.80. Volume is declining though, so any breakout above $1.10 needs buyers to step up.
Will $1.00 hold or are we looking at a retest of lower supports?
Not financial advice. Always manage your risk.
#XRP #Accumulation #Support #CryptoMarket
🔥
XRP is trading around $1.07 after bouncing 6.4% from the $1.01 low. The daily RSI at 36.8 shows multiple bullish divergences over recent months, signaling weakening downside momentum despite the broader market pressure.
Institutional interest remains strong with $22.99M in spot ETF inflows last week and whale wallets now controlling 74.1% of the circulating supply. Support at $1.00 is the line in the sand — losing it opens $0.88 and $0.80. Volume is declining though, so any breakout above $1.10 needs buyers to step up.
Will $1.00 hold or are we looking at a retest of lower supports?
Not financial advice. Always manage your risk.
#XRP #Accumulation #Support #CryptoMarket
🔥