XRP Gives Bullish Signal with 3% Drop

Institutional Accumulation in XRP Continues

XRP is trading in a narrow range with institutional accumulation above $2.38. Despite a decrease in speculative interest from investors, this support level maintains an important resistance point.

During the midday support tests, the trading volume rose to 79.86 million. This indicates an increase in institutional activities and strong buying pressure.

Breaking above the $2.43 level could signal a potential regain of momentum. However, remaining below the $2.38 level increases the risk of a pullback.