Daily Ripple Comments
Posted: Sat Apr 05, 2025 9:43 am
Although technical issues in the Pectra update create investor concerns, it promises to increase Ethereum's technological capabilities in the long term. Artificial intelligence integration and new use cases strengthen Ethereum's position as a technology platform. However, caution should be exercised against the potential for a drop below $2,000 in the short term, which could mean the beginning of a correction process.
Ripple’s XRP started trading at $2.45 on the morning of March 26, but fell to $2.36 and is currently balanced at these levels. The narrow-band movements reflect the lack of strong momentum in the market. The conclusion buy bulk sms service of the SEC case and Ripple’s small fine, although a positive development, did not have a major impact on the price. The critical support level stands at $2.35 and the resistance level stands at $2.47. Ripple’s influence in global payment systems continues to grow. Although there is a more positive outlook in the medium and long-term scenarios, it is difficult to expect strong movements in the short term unless resistance is broken. In particular, XRP’s retesting of levels such as $3 may be due to institutional adaptation and limited supply dynamics.
Ripple’s XRP started trading at $2.45 on the morning of March 26, but fell to $2.36 and is currently balanced at these levels. The narrow-band movements reflect the lack of strong momentum in the market. The conclusion buy bulk sms service of the SEC case and Ripple’s small fine, although a positive development, did not have a major impact on the price. The critical support level stands at $2.35 and the resistance level stands at $2.47. Ripple’s influence in global payment systems continues to grow. Although there is a more positive outlook in the medium and long-term scenarios, it is difficult to expect strong movements in the short term unless resistance is broken. In particular, XRP’s retesting of levels such as $3 may be due to institutional adaptation and limited supply dynamics.