đđ $XRP Price Eyes $4 as Binance Notes ATH Ripple Transactions
đ Will XRP Hit $4?
XRP has surged over 6x in 2024 but paused as Bitcoin dropped below $95K. Currently trading at $2.18, analysts highlight a critical rebuy zone at $1.92, a key support level. A bounce from this zone could push XRP toward the next resistance at $4, signaling potential upside despite market uncertainty.
đĄïž Key Support and Resistance Levels
Support: $1.92
Resistance: $2.20 â $4
Analysts anticipate a rebound if XRP holds support, with increased buying pressure potentially driving a strong upward move.
đŒ Surge in XRP Deposits on Binance
Binance recorded a historic spike in XRP deposits, surpassing 2 million transactionsâits highest in two years. This surge reflects increased trading activity and signals rising investor confidence in Ripple's ecosystem.
đ Market Sentiment and Outlook
The broader market remains under pressure as BTC struggles below $95K and ETH hovers near $3,400 support. Despite these challenges, XRP's resilience, paired with growing activity on Binance, suggests strong potential for a breakout rally.
Investors are closely watching the $2.2 resistance level for signs of bullish momentum that could propel XRP toward the coveted $4 mark. đđČ
