🔵XRP surged 10% in a day, with trading volume increasing by 50%. The market is reacting to the U.S. regulator’s acceptance of an XRP ETF application.
🔵The Relative Strength Index (RSI) has reached 72.2, indicating overbought conditions. This could lead to a correction, but continued buyer interest may support further growth.
🔵Large XRP holders have shown reduced activity, with the number of wallets holding 1–10 million tokens declining, which could slow the uptrend.
🔵If resistance at $2.96 is broken, the price may reach $3.36. However, a pullback below $2.54 increases the risk of a decline to $1.77.