📣 Let's analyze the XRP coin!
The XRP coin is in a consolidation stage in the range of $1.34 - $1.5. The upper limit of this range continues to provide resistance, and a daily candle close above $1.5 could lead to a move towards $1.84 and then $2.
The market situation is supported by significant inflows into US spot XRP-ETFs, which indicates high interest from institutional investors. This creates reliable support for the asset.
With the Fed rate meeting approaching, there is a possibility of a short-term correction to the levels of $1.22 - $1.25, which could be used to collect stops from retail traders ahead of a possible rise.
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Forwarded from 𝕍𝕀ℙ 𝕊𝕔𝕒𝕝𝕡𝕚𝕟𝕘 𝕊𝕖𝕤𝕤𝕚𝕠𝕟𝕤 🔐
