$XRP Update đ Can XRP defend the $1.47 area after todayâs supply event?
đ° Price now: $1.48 | 24h: -1.38%
đ Market cap: $93.51B | Rank: #5
đ 24h range: $1.47 â $1.54
đ° What's happening:
XRP is consolidating around $1.48 after September's advance. Ripple unlocked 1 billion XRP from escrow on October 1, creating a fresh supply event to monitor.
đ„ Key catalyst:
U.S. spot XRP ETFs recorded more than $120M of September inflows, while XRP Ledger adoption and the monthly escrow cycle remain in focus.
đ Next step to watch:
đŽ Bearish case: $1.47 support, then $1.38.
đą Bullish case: $1.54â$1.56 resistance, then $1.70.
đ My take:
The $1.47â$1.56 range is the key short-term area to monitor.
Not financial advice, DYOR â ïž
#XRP #Ripple #Crypto #CryptoNews #XRPL
đ° Price now: $1.48 | 24h: -1.38%
đ Market cap: $93.51B | Rank: #5
đ 24h range: $1.47 â $1.54
đ° What's happening:
XRP is consolidating around $1.48 after September's advance. Ripple unlocked 1 billion XRP from escrow on October 1, creating a fresh supply event to monitor.
đ„ Key catalyst:
U.S. spot XRP ETFs recorded more than $120M of September inflows, while XRP Ledger adoption and the monthly escrow cycle remain in focus.
đ Next step to watch:
đŽ Bearish case: $1.47 support, then $1.38.
đą Bullish case: $1.54â$1.56 resistance, then $1.70.
đ My take:
The $1.47â$1.56 range is the key short-term area to monitor.
Not financial advice, DYOR â ïž
#XRP #Ripple #Crypto #CryptoNews #XRPL
