$XRP trades at $1.58, up 11.6% in 24 hours despite recent 30-day decline
Technicals: RSI neutral, MACD mixed signals, key resistance at $1.54 and $1.83, whale long/short ratio 0.67
Catalysts: Regulatory win finalized with $50M settlement, but ongoing monthly 1B XRP unlocks create supply pressure
Drivers: Market sentiment in "extreme fear" at 13, ETF inflows minimal despite regulatory clarity, whale accumulation continues
Market Status
XRP trades at $1.58, up 11.6% in 24 hours and 10.8% over seven days, though down 23.2% over thirty days from recent highs
Market cap reaches $96.16B, with 24-hour trading volume at $3.84B, reflecting increased short-term activity
Fear & Greed Index sits at 13 ("Extreme fear"), indicating significant market pessimism despite the price rebound
Bitcoin and Ethereum ETFs show net outflows, with BTC ETFs losing $671.4M and ETH ETFs $232M over recent days
Trading Strategy
Key resistance levels at $1.40, $1.43, $1.49, and $1.54; a daily close above $1.54 is needed to confirm bullish momentum
Stronger resistance at $1.58 (current price), $1.65, $1.73, and the 200-day MA at $1.83, which if reclaimed, signals medium-term trend reversal
Support levels to watch at $1.35 (current consolidation zone) and $1.20; breakdown below $1.35 could trigger further downside
RSI shows neutral momentum, while MACD presents mixed signals across timeframes, requiring volume confirmation for breakout
Consider accumulation in the $1.35-$1.40 range with tight stop-loss below $1.30, targeting $1.54 and $1.83
Risk Warning
Fear & Greed Index at 13 ("Extreme fear") historically precedes high-volatility market conditions and potential sharp reversals
High whale short position concentration at $1.68 creates potential for short squeeze if price breaks above $1.60 with strong volume
