📊 XRP/USDT Technical & Fundamental Update
XRP Digests Its Escrow Unlock Like a Pro 🚀
XRP is holding firm around the $1.35–$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 — a strongly bullish signal for supply dynamics.
Key Drivers Supporting Momentum:
• Tech Upgrades: The recent XRPL 3.3.0 release bringing Confidential Transfers & MPT enhancements.
• Institutional Interest: Steady ETF inflows (approaching $1.8B cumulative).
📍 Technical Levels to Watch:
• Major Resistance: $1.55
• Breakout Target: $1.68+
• Key Support: $1.35
Not financial advice. DYOR.
#XRP #Ripple #XRPUSDT #CryptoNews #XRPL #BinanceSquare
XRP Digests Its Escrow Unlock Like a Pro 🚀
XRP is holding firm around the $1.35–$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 — a strongly bullish signal for supply dynamics.
Key Drivers Supporting Momentum:
• Tech Upgrades: The recent XRPL 3.3.0 release bringing Confidential Transfers & MPT enhancements.
• Institutional Interest: Steady ETF inflows (approaching $1.8B cumulative).
📍 Technical Levels to Watch:
• Major Resistance: $1.55
• Breakout Target: $1.68+
• Key Support: $1.35
Not financial advice. DYOR.
#XRP #Ripple #XRPUSDT #CryptoNews #XRPL #BinanceSquare
