đ $XRP Latest Analysis: Bullish Setup Brewing!
đ$XRP holds steady around $2.02 amid minor dips, consolidating near key support at $1.99 after Ripple's fresh Luxembourg EMI license win boosted sentiment to $2.12 highs recently.Binance reserves shrinking to multi-month lows signals supply squeeze, perfect storm with pending US spot ETFs and institutional inflows.Technical OutlookShort-term bearish but neutral mid/long-term; support $2.00, resistance $2.10 eyeing $2.30 breakout.Predictions: Jan avg $2.03 (5% ROI), Feb surge to $2.17+ on catalysts like escrow unlocks.
Recent chart shows tight rangeâprime for parabolic move!
Why Bullish?Regulatory wins + ETF hype = demand surge vs low exchange supply.AI models forecast $3-6.50 by late 2026 on adoption wave.DYOR, NFA! What's your XRP target? đ
