$XRP formed a double-bottom pattern after the recent downtrend signaling that selling pressure may be slowing down. Market is currently attempting a rebound from the $2.20–$2.25 support area. If buyers maintain strength break above the $2.32–$2.35 resistance.

#XRPMarketUpdate The XRP market is showing a fascinating mix of momentum and caution as it continues to attract both retail and institutional attention. Recently, XRP surged past the key resistance level of $2.28, holding steady around $2.31 USD, marking a potential turning point for the asset. Trading volume has climbed nearly 86% above average, while the number of new wallets continues to rise clear indicators of accumulation and growing investor confidence. Despite the short-term volatility and a recent 22.6% pullback over the past month, sentiment remains cautiously optimistic. A major catalyst driving this renewed interest is the growing buzz around XRP spot ETF filings, led by firms like Canary Capital. If approved, such an ETF could unlock massive institutional liquidity, much like Bitcoin and Ethereum witnessed during their ETF milestones. Additionally, regulatory clarity and new partnerships are helping XRP regain its long-term credibility as a bridge currency and payment network solution. Analysts suggest that a decisive breakout above $2.40–$2.50 could ignite the next bullish phase, potentially setting the stage for a move toward $2.80 and beyond. However, the market remains vigilant. If XRP fails to maintain support near $2.20, short-term corrections toward $2.00 remain possible, especially if broader crypto sentiment weakens or traders rotate capital into BTC and stablecoins. Still, the project’s fundamentals real-world use cases, institutional adoption, and Ripple’s ongoing expansion make XRP a standout among altcoins. In summary, XRP sits at a critical juncture: a cautiously bullish setup with clear upside potential if the momentum continues. With rising confidence, expanding ecosystem strength, and strong community engagement, XRP may soon reclaim its position among the market’s top-performing digital assets. #CryptoMarket