$XRP just hit a major slowdownโtrading volumes fell 52% to $1.06B in 24 hours! Traders are taking a breather, and liquidity is thin. But donโt be fooledโฆ calm weekends can turn wild in minutes.
Crypto analyst Maartunn warns:
"Last Sunday was dead ๐ตโ๐ซโฆ but volatility can hit at any moment. Stay ready!"
๐ XRP Price: On the Edge
Current price: $1.81 (-1.15% today)
Weekly loss: 7.82%
Resistance to reclaim: $2.00 (Daily MA 50) โ beat this, and $2.18โ$2.41 comes into play
Support to hold: $1.85 โ breaking this could trigger further drops
XRP has been on a slow grind down since hitting $2.41 earlier this year. Trend reversal depends on buyers stepping up now.
โ๏ธ Network Upgrades: The Hidden Catalyst
Big news under the hood: XRPL 3.0.0 is rolling out 5 protocol fixes this week:
โ
Automated Market Makers
โ
Token Escrows
โ
Delivered Amount Calculations
โ
Price Oracle Orders
โ
Clawback Rounding
These updates improve network efficiency and build confidence among developers and institutionsโpotentially setting XRP up for a long-term boost.
๐ฎ What Traders Should Watch
Low volume = high alert โ volatility can spike fast
Reclaim $2 MA 50 โ trend reversal in sight
Watch network updates โ may act as a confidence booster
XRP is at a critical crossroads. The market is quiet nowโbut when it moves, it could move big. โก