๐ XRPโs Path Forward - Targets & Corrections
With a circulating supply of 57B, $XRP is battling heavy sell pressure. Letโs analyze the likely correction points and future potential:
๐ Key Levels to Watch:
Correction Zone: $1.80 is the first critical support, followed by $1.70 and $1.60. Breaking $1.60 could signal further declines.
Resistance Targets:
โข $2.20 ๐ข (Psychological barrier)
โข $2.50 ๐ฅ (Bullish momentum)
โข $2.75 ๐ (Approaching historical highs)
โข $3.00 ๐ (Major resistance)
โข $3.30 ๐ (Pushing toward ATH)
๐ Market Insights:
1. Historical Data: XRPโs ATH was $3.84 in 2018 with 38B supply; it hit $1.95 in 2021 with 45B. With the current supply, $3+ remains a challenging, but achievable, target.
2. Recent News: Multiple companies are rumored to plan XRP ETF filings in the next 6 months. This could create a Giga Bullish environment if approved. ๐ฅ
๐ฏ Strategy:
Keep an eye on $1.80 for corrections and $2.50+ for a breakout. As XRP fundamentals strengthen, investor optimism could fuel another rally. ๐ค
