#Ripple #xrp
📉 $XRP in the waiting phase: is it getting support at $1.88?
Today, $XRP showed a 4% drop, following the general market accumulation and Bitcoin’s fall below $88,000. While traders prepare for the main week (the Fed meeting and reports from tech giants), XRP is stuck in a narrow section.
🔍 Key market theses:
• Institutional pause: For the first time since the launch of the spot XRP ETF, an outflow of funds was recorded (~$40.6 million). This is more like profit-taking than a change in attitude towards the asset.
• Fundamentals unchanged: There is no negative news about Ripple or the XRPL network. The price movement is dictated solely by the market structure and investor sentiment.
• Technical picture: A “triple bottom” zone has formed near $1.88. This is a critical level: buyers are defending this limit, but there is not enough strength for a confident increase yet.
📊 Levels to watch:
• 🚀 Resistance ($1.93–$1.95): A break above the open path to a recovery in the $2.03–$2.06 zone.
• 🛡️ Support ($1.88): As long as this level holds, we see consolidation (spring compression), not a collapse.
• ⚠️ Risk ($1.85): A consolidation below this level could cancel the bullish scenario in the short term.
