XRP Price Prediction: Can XRP Hold $1.10 After Ripple Scores Its Biggest Regulatory Win in Europe
The post XRP Price Prediction: Can XRP Hold $1.10 After Ripple Scores Its Biggest Regulatory Win in Europe appeared on BitcoinEthereumNews.com. Ripple received full CASP authorization from Luxembourg’s CSSF, clearing it to operate across all 30 EEA countries XRP’s trendline breakout is being retested with the chart flagging the move as looking weak Options volume exploded 180.05% as traders position aggressively for the next directional move XRP trades at $1.1249 on July 7, down 1.70% and pulling back into the retest zone after last week’s trendline break, with the chart noting the breakout looks weak and $1.10 now the level bulls need to defend. Is XRP’s Trendline Breakout Holding Or Failing? XRP 1D Price Action (Source: TradingView) The daily chart shows XRP in a retest of the descending trendline it broke above last week, with price now sitting back inside the retest zone annotated on the chart itself. The label is direct: “Retest zone — however, breakout looks weak.” That’s not a c