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XRP overtakes Airbus to rise to 130th in global asset rankings.
XRP's market capitalisation rose 12.63% in 24 hours to currently touch $147.07bn, overtaking Airbus, Unilever, Tether and others to rise to #130 on the global asset rankings, according to 8MarketCap data, or as a result of Ripple's announcement that the SEC was dropping its appeal against it.
xrp Structure Holds!👇👇👇 – What's Next?
XRP took a strong dip to a local .5 retracement, but it held structure right where it needed to. Even with breaking below $2.40, it respected the channel structure and closed at the 1.236 extension for Wave C. 💪
Overall, this type of price action is textbook Wave 4 behavior, and as long as we don’t see further breakdowns, new highs could be loading!
So what’s next? This is still a critical moment. If the channel continues to hold, we should be making a push toward $2.65-$2.70 with the breakout. As I've said in previous posts, $2.70 is the next major level to flip to support to continue the macro trend up towards ATH. Right now, $2.45 is resistance that will help confirm this push- testing this NOW! If we can't break it, we could see another dip to the deeper .618 retrace at $2.36. 🚨
Key Levels to Watch:
🔹 $2.40 Support → Held strong despite the dip. As long as this range holds, bullish.
🔹 $2.65 - $2.70 Resistance → Major test with subwaves confirming top at this price.
Even with these dips, XRP remains bullish on the macro degree, sitting above its major .382 retrace ($2.25). New highs above $3.40 should be printing soon!
Write down your expectations🤔👇