📊 XRP Surges on Institutional Buying, Faces Quick Reversal

$XRP rose 2.81% in the last 24 hours to close at $3.29, peaking at $3.33 on double-average institutional volume after Ripple’s recent SEC settlement boosted corporate treasury flexibility.


đŸ’Œ Market Drivers

đŸ’„Strong institutional participation pushed price to new local highs.

đŸ’„Settlement removes key legal uncertainty, improving Ripple’s strategic liquidity options.

📉 Technical Picture

đŸ’„Quick profit-taking pulled price from the $3.33 high into the close.

đŸ’„Support: $3.20 — holding here keeps sentiment bullish.

Resistance: $3.33 — breakout needed for further upside momentum.

📈 Investor Sentiment


đŸ’„Overall outlook remains positive despite slow growth in new wallets.

đŸ’„Traders eye a clean break above $3.33 to confirm trend continuation.

#Ripple #Crypto #CryptoNews #Binance

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Disclaimer: This content is for informational purposes only and does not constitute financial, investment, or trading advice. Always conduct your own research before making any investment decisions.