XRP Update 🚨
XRP is trading around $1.00–$1.01, with the key psychological $1 support under pressure.
🟢 Bullish: Reclaiming $1.04–$1.05 could strengthen the recovery setup.
🔴 Bearish: Losing $0.99–$1.00 decisively could expose $0.90–$0.86 next.
🏦 Fundamentals: XRPL continues expanding in tokenized assets, while Ripple has made new infrastructure investments.
⚠️ A recent Coreum bridge exploit involving XRP was a bridge/relayer issue, not a direct XRPL protocol exploit.
My view: XRP is at a critical decision zone. Above $1, bulls still have a chance to build a recovery; below $1, caution is warranted.$XRP
XRP is trading around $1.00–$1.01, with the key psychological $1 support under pressure.
🟢 Bullish: Reclaiming $1.04–$1.05 could strengthen the recovery setup.
🔴 Bearish: Losing $0.99–$1.00 decisively could expose $0.90–$0.86 next.
🏦 Fundamentals: XRPL continues expanding in tokenized assets, while Ripple has made new infrastructure investments.
⚠️ A recent Coreum bridge exploit involving XRP was a bridge/relayer issue, not a direct XRPL protocol exploit.
My view: XRP is at a critical decision zone. Above $1, bulls still have a chance to build a recovery; below $1, caution is warranted.$XRP