XRP Analysis Today — What you need to know 🚀 🔴 #XRP — $1.081 (≈ +0.04% 24h, practically flat) 🎯 Most likely direction: BEARISH 📉 — the month is down -7.6% and has been making lower highs since July 4 (~$1.17). The small rebound over the past few days doesn’t break the underlying bearish structure. 💡 Trade idea: 📉 Bearish → target $1.049 📊 Why: $1.049 is the low of the last 5 days, the most recent area where buyers stepped in. XRP is still below $1.093 (former support zone, now resistance), so as long as it doesn’t reclaim it, the path of least resistance remains to the downside. 📰 What moves the price today: 1️⃣ ANALYSTS 📉 — Standard Chartered cuts its target from $8 to $2.80 due to cooling ETF flow activity. 2️⃣ WHALES 📈 — Whales accumulate an additional 2.8% more XRP over 5 weeks while smaller holders sell (an interesting contrarian signal). 3️⃣ RIPPLE — Launches an institutional minting platform and adds RLUSD to Notabene, even though the transferred monthly volume declines.