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📈 XRP's social sentiment at a 2-year high: Will the $1.45 barrier be broken?
Big news for XRP investors! XRP's social media sentiment has increased by 240% in the last 30 days, reaching its highest level in over two years.
What is the primary reason for this surge in sentiment?
According to a report by NS3.AI, this massive enthusiasm is being attributed to XRP's integration with Rakuten Wallet. This partnership with Japan's leading e-commerce giant, Rakuten, has generated a strong positive sentiment among retail and institutional investors.
Why the price stall?
Even though there is tremendous optimism in the market, XRP's price is still struggling below the $1.40-$1.45 resistance zone.
🔍 What does Glassnode data say?
According to the data, approximately 2 billion XRP are held in this price range ($1.40 - $1.45).
This level is acting as a large "supply wall," with high trader activity.
Conclusion:
This uptick in sentiment is pointing to a major breakout, but the market may remain in a downtrend until XRP successfully crosses the $1.45 level.
💰 Stay tuned for market updates!
$B $UB $XRP
#xrp #Ripple #RakutenWallet #CryptoNews #TechnicalAnalysis #Glassnode
Big news for XRP investors! XRP's social media sentiment has increased by 240% in the last 30 days, reaching its highest level in over two years.
What is the primary reason for this surge in sentiment?
According to a report by NS3.AI, this massive enthusiasm is being attributed to XRP's integration with Rakuten Wallet. This partnership with Japan's leading e-commerce giant, Rakuten, has generated a strong positive sentiment among retail and institutional investors.
Why the price stall?
Even though there is tremendous optimism in the market, XRP's price is still struggling below the $1.40-$1.45 resistance zone.
🔍 What does Glassnode data say?
According to the data, approximately 2 billion XRP are held in this price range ($1.40 - $1.45).
This level is acting as a large "supply wall," with high trader activity.
Conclusion:
This uptick in sentiment is pointing to a major breakout, but the market may remain in a downtrend until XRP successfully crosses the $1.45 level.
💰 Stay tuned for market updates!
$B $UB $XRP
#xrp #Ripple #RakutenWallet #CryptoNews #TechnicalAnalysis #Glassnode
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