$XRP – Short Analysis

XRP is considered a strong utility-based cryptocurrency, mainly used for fast and low-cost cross-border payments through the Ripple network.

Key Highlights:

🔹 Trend: Medium-term structure is sideways to bullish

🔹 Support Zone: $0.50 – $0.55

🔹 Resistance Levels: $0.75 first, then $1.00 (psychological resistance)

🔹 Strength: Real-world adoption, fast transactions, low fees

🔹 Risk Factor: Overall crypto market volatility and regulatory news

XRP

1.4799

-6.58%

Overall Outlook:

XRP appears to be in a build-up phase. A strong volume breakout above resistance could signal the next upward move. Suitable for long-term accumulation, while short-term traders should wait for confirmation above resistance.#MarketRebound #BTC100kNext? #BTCVSGOLD #USJobsData