$XRP is still holding above the key $1.43 support zone after a liquidation-driven pullback, keeping the bullish setup alive for now.
The next major level is $1.55. A clean breakout above it could open the door toward $1.82, while a confirmed drop below $1.43 would suggest the recent high may have been a local top.
Key XRP Takeaways:
Stronger Fundamentals: Ripple's RLUSD stablecoin has grown to $2.1B in circulation, up from $1.57B on August 12, while XRP-linked ETFs have attracted more than $40M in net inflows.
Constructive Order Flow: Longs have been closing and shorts opening, yet XRP has stayed relatively stable a sign that selling pressure is being absorbed better than expected.
The main risk is Bitcoin. If BTC drops toward the $70K-$74K zone, XRP could get dragged lower too. But as long as $1.43 holds, traders will keep watching $1.55 as the trigger for the next leg up.
#XRP #Altcoin Season#
The next major level is $1.55. A clean breakout above it could open the door toward $1.82, while a confirmed drop below $1.43 would suggest the recent high may have been a local top.
Key XRP Takeaways:
Stronger Fundamentals: Ripple's RLUSD stablecoin has grown to $2.1B in circulation, up from $1.57B on August 12, while XRP-linked ETFs have attracted more than $40M in net inflows.
Constructive Order Flow: Longs have been closing and shorts opening, yet XRP has stayed relatively stable a sign that selling pressure is being absorbed better than expected.
The main risk is Bitcoin. If BTC drops toward the $70K-$74K zone, XRP could get dragged lower too. But as long as $1.43 holds, traders will keep watching $1.55 as the trigger for the next leg up.
#XRP #Altcoin Season#
