$XRP
just had one of its strongest weekly moves this year, but the real test may be starting now.
ETF inflows are still supporting demand, while the stronger dollar and higher yields are creating some pressure.
$1.45 is the key level to watch.
Break above it and $1.55–$1.65 could come into play.
Lose $1.36 and the correction could deepen toward $1.28.
For me, the next move around $1.45 will tell the bigger story.
just had one of its strongest weekly moves this year, but the real test may be starting now.
ETF inflows are still supporting demand, while the stronger dollar and higher yields are creating some pressure.
$1.45 is the key level to watch.
Break above it and $1.55–$1.65 could come into play.
Lose $1.36 and the correction could deepen toward $1.28.
For me, the next move around $1.45 will tell the bigger story.