XRPUSDT SPOT
Long
Updated

DeGRAM | XRPUSD Overcame $2.00 Level!

241
📊 Technical Analysis
XRP/USDT broke out of a descending wedge, reclaiming $2.00 and eyeing the upper resistance level near $2.40.

💡 Fundamental Analysis
• Ripple’s partial court victory narrows the SEC case, lifting regulatory clouds.
• CME preparing XRP futures signals rising institutional appetite.
• Central-bank CBDC pilots explore Ripple tech, enlarging utility prospects.
• Ripple’s On-Demand Liquidity volumes keep setting records in 2025, and XRPL’s AMM upgrade is live, deepening liquidity.
• Whale wallets added 110 M XRP in April.
• ETF chatter and expanding Latin-American remittance use support demand.
• A softer USD after benign CPI fuels altcoin inflows.

Summary
A wedge breakout plus legal clarity, institutional products, network upgrades and demand growth favor a climb toward $2.40; and then to $2.75.

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snapshot
📊 Technical Analysis
● XRP has rebounded from the ~$2.00 demand zone. A break above ~$2.40 could spark further gains.
● Falling-wedge breakout implies upside to ~$3.0​; a daily close above ~$2.45 would confirm this.

💡 Fundamental Analysis
● Fed easing expected: ~60% odds of a June rate cut​.
● Santiment shows XRP among altcoins surging in social volume​.

Summary
Demand bounce ~$2.00 holds (green zone).
Resistance ~$2.40–$2.45 (red zone).
Breakout above ~$2.45 targets ~$3.0.
Catalysts: Fed rate-cut odds, ETF inflows, altcoin rally.

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