🚀 XRP Soars 27% Weekly
Boosted by ETF hype, XRP broke $2.725 resistance. Now eyes $3 next. But on-chain data signals caution: cooling momentum could mean a short-term correction.
🤑 Most Holders in Profit
98% of XRP supply is in profit. While bullish for sentiment, this raises profit-taking risk as sellers lock in gains after the rally.
🏦 Exchange Balances Spike
XRP on exchanges surged to 3.949B tokens, highest in 4+ months. Over 519M XRP (~$1.47B) flowed in since June 23. This supply glut threatens price if buyers don't absorb it fast.
📊 Price Levels to Watch
XRP trades just under $2.90, next resistance at $2.949. Key supports at $2.725 and $2.550. Breaking $2.30 would invalidate the bullish structure.
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