Rok Herman
๐…๐ž๐ฐ ๐ฐ๐ž๐ž๐ค๐ฌ ๐ฅ๐š๐ญ๐ž๐ซ, ๐—๐‘๐ ๐œ๐จ๐ง๐ญ๐ข๐ง๐ฎ๐ž๐ฌ ๐ญ๐จ ๐ก๐จ๐ฅ๐ ๐ค๐ž๐ฒ ๐ฌ๐ฎ๐ฉ๐ฉ๐จ๐ซ๐ญ XRP is currently testing a major support level around 2 $, which aligns perfectly with a former multi-year local high from 2021. This level previously acted as strong resistance, and its retest as support is a classic technical setup that could define XRPโ€™s next move. Historically, previous cycle highs often turn into major support levels, and losing them can shift the trend. This area marks a key point from XRPโ€™s latest rally, making it a crucial zone for bulls to defend. Until this level is broken, I continue to remain bullish in the near term. The price is highly dependent on Bitcoinโ€™s fluctuations; however, we have several unique and positive developments coming in the next few weeks. The SEC lawsuit is likely to conclude sooner rather than later, ETF approvals, continued institutional adoption, crypto regulations, and XRP Ledger development are all key catalysts. If we hold this level and manage to bounce, it could mean we are heading towards new all-time highs. I am extremely happy to see new copiers. It is time to update my copiers guidelines! More about that in the next weeks. $XRP $BTC
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