๐ XRP/USDT Technical & Fundamental Update
XRP Digests Its Escrow Unlock Like a Pro ๐
XRP is holding firm around the $1.35โ$1.40 zone after Ripple's routine monthly unlock of 1B XRP. Interestingly, 700M XRP was immediately re-escrowed back, keeping market selling pressure minimal โ a strongly bullish signal for supply dynamics.
Key Drivers Supporting Momentum:
โข Tech Upgrades: The recent XRPL 3.3.0 release bringing Confidential Transfers & MPT enhancements.
โข Institutional Interest: Steady ETF inflows (approaching $1.8B cumulative).
๐ Technical Levels to Watch:
โข Major Resistance: $1.55
โข Breakout Target: $1.68+
โข Key Support: $1.35
Not financial advice. DYOR.
#XRP #Ripple #XRPUSDT #CryptoNews #XRPL #BinanceSquare
XRP Digests Its Escrow Unlock Like a Pro ๐
XRP is holding firm around the $1.35โ$1.40 zone after Ripple's routine monthly unlock of 1B XRP. Interestingly, 700M XRP was immediately re-escrowed back, keeping market selling pressure minimal โ a strongly bullish signal for supply dynamics.
Key Drivers Supporting Momentum:
โข Tech Upgrades: The recent XRPL 3.3.0 release bringing Confidential Transfers & MPT enhancements.
โข Institutional Interest: Steady ETF inflows (approaching $1.8B cumulative).
๐ Technical Levels to Watch:
โข Major Resistance: $1.55
โข Breakout Target: $1.68+
โข Key Support: $1.35
Not financial advice. DYOR.
#XRP #Ripple #XRPUSDT #CryptoNews #XRPL #BinanceSquare
