XRP $XRP

Tokenomics, Risks, Technical Analysis, and Current Price (Note: I'm newbies so that my poor analysis)

XRP, Ripple's native token, is designed primarily for efficient cross-border payments. It has a fixed supply of 100 billion tokens, with a significant portion held by Ripple Labs to manage liquidity and development. The token facilitates near-instant transactions with minimal fees. 

Total - 100 billions

Founder - 20 billions 

Ripple Labs - 7 billions

Early Investors - 40 billons 

Key risks include regulatory challenges, such as ongoing litigation with the SEC. Despite some recent favorable outcomes, future legal uncertainties could affect its adoption. Additionally, competition in the crypto and payment spaces poses a challenge, as does volatility, which may deter conservative investors.

XRP has shown strong bullish momentum in recent weeks. Key levels include a psychological resistance at $3.00, with support at $2.23. Breakouts above these levels could signal further rallies, while failures might trigger correctionss

XRP's price is approximately $2.61 today, reflecting its ongoing market recovery and high trading volume and according to 1 week chart RSI ratio is 91% (over) but look forward to the value? TA is not need necessarily and value is market set alot. 

Take less risk and DYOR!