$XRP 📈 What’s trending around these XRP visuals? 📌 Fund
crypto king 555
Updated at: 7 hours ago
{"content":"$XRP
📈 What’s trending around these XRP visuals?
📌 Funding Trends & Market Sentiment
XRP (along with DOGE) has shown slightly positive funding rates, contrasting a mostly neutral crypto market – a sign of renewed trader interest.
🔍 Key Technical Levels
Price sits around $2.18–$2.30, with resistance at the 0.382 Fib (~$2.2959) and support near $2.00
Recent drop to $2.29 turned into a bounce, suggesting a possible bull-trap-fade or rebound
🧠 Tighting Pattern = Coiling Setup
Analysts and charts suggest XRP is "coiling" in a megawedge—hinting at a potential breakout soon
🏦 On‑chain & Wallet Dynamics
Over 6.4 million XRP wallets exist, but >80% hold <1 000 XRP, while larger holders are consolidating stack power
Binance's XRP reserves dropped ~82 million since January, signaling accumulation into cold wallets — hinting at supply tightening
🔭 What could happen next?
ScenarioOutlookBullish BreakoutIf XRP breaks $2.30–$2.35 on decent volume, it could climb to $2.50–$2.95 (binance.com, binance.com).Failed BreakoutA reversal below $2.20 may trigger a drop to $2.00 or even $1.88–$1.92 .Neutral CoilPrice may continue to range-bound while consolidating before a major move . ","images":["https://d2kdcqywr8ua22.cloudfront.net/uploadfile/article/blog/2025062025/06/08/d191378bb1b845e68d46bce990ea5cb9.png","https://d2kdcqywr8ua22.cloudfront.net/uploadfile/article/blog/2025062025/06/08/6604422d29cc4364bdf98d0f35d96682.png"],"tags":[],"tradingPairs":["SOL/USDT"],"quotearticleid":0}