XRP price has dropped 3% over the last 24 hours to $2.18, showing an accumulation pattern hinting at imminent volatility.
XRP has been trading within a narrow range of $2.14–$2.25, with daily transactions on the XRP Ledger above two million.
Market technician EGRAG Crypto identified a 'go-go signal' at $2.65 for a bullish breakout amidst institutional adoption of XRP.
Institutional adoption of XRP is growing with the introduction of ETFs, futures, and corporate reserves, while technical analysis points to critical price hurdles at $2.30, $2.35, $2.36, $2.45, and $2.65.