Zinger Key Points
- Despite XRP’s sharp decline, traders predict a rebound as technical indicators flash buy signals.
- Optimism is growing with speculation that the SEC may withdraw its appeal and a potential XRP ETF on the horizon.
- Get 5 stock picks identified before their biggest breakouts, identified by the same system that spotted Insmed, Sprouts, and Uber before their 20%+ gains.
XRP XRP/USDis down 22% over the past seven days, but traders see signs of a potential relief rally if sentiment around Ripple remains positive.
| Cryptocurrency | Price | Market Cap | 24-Hour Trend | 7-Day Trend |
| XRP XRP/USD | $2.14 | $124.3 billion | -2.6% | -17.9% |
| Bitcoin BTC/USD | $83,826.89 | $1.7 trillion | -2.1% | -14.1% |
| Ethereum ETH/USD | $2,216.48 | $267.4 billion | -4.7% | -18.2% |
Trader Notes: Ali Martinez, a crypto chart analyst, noted that XRP's TD Sequential indicator is flashing a buy signal, indicating a possible rebound.
Crypto trader CrediBULL Crypto said he closed all hedge shorts on XRP as its BTC and ETH pairings remain strong. He's waiting for potential long entries at $1.60 if the price dips below $1.80.
Another trader, Crypto Bitlord, sees $2 as a critical support level—if it holds, his next target is $7. If it breaks down, he warns of a potential drop as low as $0.20.
Community News: The upcoming Native Programmability update will enhance permissionless development, allowing institutions to create scalable and compliant solutions.
Crypto Twitter is buzzing with rumors that the SEC may withdraw its appeal, which could remove a major legal overhang for XRP.
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