XRP drop as pipo dey collect profit after SEC settlement
XRP drop 2–5% afta traders collect profit afta di settlement wey dem get for Ripple-SEC matter. Price fall from di intraday high close to $3.32 come check support for range between $3.13 and $3.20. Trading volume jump pass 200% reach $12.4 billion, wit more than 209 million XRP wey change hand inside one hour. Technical analysis talk say resistance dey for $3.27–$3.33, wey show say di near-term trading range don set. Institutional interest, wey SBI Bitcoin-XRP ETF filing boost, and macro factors go shape di next move as traders dey watch for breakout pass $3.27 or im try check $3.13 floor again.
Neutral
Di combine news show say di XRP regulatory settlement wit SEC dey provide beta chance because e comot law mata. But short-term profit-taking make am pull back by 2–5%, e create consolidation range between $3.13 and $3.33. The surge for trading volume and di defense for key support levels dey show say demand still dey under. Plus, di proposed Bitcoin-XRP ETF add fresh institutional beta. For short time, traders go dey watch and wait inside this range, e go cause neutral price effect till clear breakout happen. For longer time, regulatory clarity and possible ETF money support bullish outlook.