The performance of XRP in the past week is expected to continue fluctuating within the range. The fundamentals are determined by two factors—one is the capital flow of the spot ETF, and the other is the progress of the SEC lawsuit. Recently, the price has been hovering around $1.98.
From a technical perspective, the support level is solid at $1.85 (which is the area of large ETF absorption and also the recent bottom of the oscillation), and the resistance is initially seen around $2.1 (where the 20-day moving average is, along with the profit-taking pressure from earlier). If it truly breaks through, it can try to test $2.25.
The current positive factor is that the XRP spot ETF has been continuously absorbing, which is especially helpful for locking in long-term circulating chips. Plus, there are no new bad news in the SEC case for now, and the market still has some imagination about XRP being recognized as "non-security."
But risks should also be guarded against: if the SEC suddenly announces new developments in the lawsuit or if the overall crypto market regulation attitude suddenly tightens, it could trigger a wave of sell-offs. The overall volatility of the crypto market will also drag down this coin's trend.
The operational approach is to gradually buy small amounts within the range of $1.85-$1.9, with a stop-loss set at $1.75; when the price rebounds above $2.1, sell in batches, and definitely avoid chasing the high.
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LayerZeroHero
· 16h ago
1.85 is really a critical line. I have also looked at the data where ETFs are picking up positions there, and after technical validation, it's basically reliable.
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AirdropHunter007
· 16h ago
1.85 is indeed a good entry point, just worried that the SEC might cause some trouble again.
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OnlyUpOnly
· 17h ago
The SEC case really kept me on the edge of my seat, feeling like I was dancing on the tip of a knife.
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GweiWatcher
· 17h ago
This SEC case is like Schrödinger's cat; anyway, I don't dare to chase the highs.
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SwapWhisperer
· 17h ago
1.85 entry is really stable, just worried that the SEC might cause some trouble again.
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ETHmaxi_NoFilter
· 17h ago
1.85 entry, stop loss at 1.75. This wave is very stable, just worried about the SEC suddenly dropping a bomb.
The performance of XRP in the past week is expected to continue fluctuating within the range. The fundamentals are determined by two factors—one is the capital flow of the spot ETF, and the other is the progress of the SEC lawsuit. Recently, the price has been hovering around $1.98.
From a technical perspective, the support level is solid at $1.85 (which is the area of large ETF absorption and also the recent bottom of the oscillation), and the resistance is initially seen around $2.1 (where the 20-day moving average is, along with the profit-taking pressure from earlier). If it truly breaks through, it can try to test $2.25.
The current positive factor is that the XRP spot ETF has been continuously absorbing, which is especially helpful for locking in long-term circulating chips. Plus, there are no new bad news in the SEC case for now, and the market still has some imagination about XRP being recognized as "non-security."
But risks should also be guarded against: if the SEC suddenly announces new developments in the lawsuit or if the overall crypto market regulation attitude suddenly tightens, it could trigger a wave of sell-offs. The overall volatility of the crypto market will also drag down this coin's trend.
The operational approach is to gradually buy small amounts within the range of $1.85-$1.9, with a stop-loss set at $1.75; when the price rebounds above $2.1, sell in batches, and definitely avoid chasing the high.