📉 XRP ($XRP ) Analysis: Important Information (Beginners' Brief Overview)For Beginners 🤔
If you know little about $XRP , assume that its trend is positive. But do your research and learn more.
Recent News 🗞
XRP price up 40% in 24 hours. RLUSD stablecoin approval expected. Speculation of SEC lawsuit ending. XRP has become the fourth largest cryptocurrency by market cap.
Current Market Situation 🏛
XRP's market cap has exceeded $129 billion. Regulatory developments and the hope of RLUSD approval have played a major role in this increase.
Chart Analysis 📉
Breakout from the lower channel. Bullish flag pattern suggests targets at $2.91 and $3.20. RSI bullish cross indicates further price growth.
Conclusion 📃
Short-term ⏰
Expect to test the $2.90 level.
Long-term ⏳
Predict $35 by the end of 2025, if positive trends persist.
Be careful
The crypto market is uncertain, so invest wisely.