📈 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.
🛡️ Key Support and Resistance Levels
Support: $1.92
Resistance: $2.20 → $4
Analysts anticipate a rebound if XRP holds support, with increased buying pressure potentially driving a strong upward move.
💼 Surge in XRP Deposits on Binance
Binance recorded a historic spike in XRP deposits, surpassing 2 million transactions—its highest in two years. This surge reflects increased trading activity and signals rising investor confidence in Ripple's ecosystem.
📊 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.
Top comments (0)