From a fundamental standpoint, the Ripple vs. SEC lawsuit continues to act as a major overhang on XRP’s long-term valuation. However, with the SEC’s 60-day deadline approaching (June 16), a favorable outcome for Ripple could inject fresh confidence into the market. This coincides with a broader macro backdrop of rising global liquidity, which historically supports risk-on assets such as cryptocurrencies.
Technically, XRP is currently forming a classic bullish flag pattern on the higher timeframes—a continuation structure that often precedes strong upward moves. If price breaks above the flag’s resistance zone and enters a confirmed buy zone, a retest of the breakout area followed by bullish confirmation could signal the beginning of a larger move toward the $10 psychological level.
The alignment of a legal breakthrough, improving macro liquidity, and a bullish chart structure makes this a scenario worth watching closely.
Technically, XRP is currently forming a classic bullish flag pattern on the higher timeframes—a continuation structure that often precedes strong upward moves. If price breaks above the flag’s resistance zone and enters a confirmed buy zone, a retest of the breakout area followed by bullish confirmation could signal the beginning of a larger move toward the $10 psychological level.
The alignment of a legal breakthrough, improving macro liquidity, and a bullish chart structure makes this a scenario worth watching closely.
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Declinazione di responsabilità
Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.