XRP QUICK BULLETPOINT ANALYSIS XRP / U.S. dollarBITSTAMP:XRPUSDRocksorgate🗣️ Hope this finds you all well, here with a quick summary and analysis of things today for XRP and what we're looking at along with some factors and influences to take into consideration, thanks. 🗣️ Current Price: As of right now we've got XRP trading around that $2.05-08 range showing some stability after our pullback from the recent high of $2.20 🗣️ Current sentiment and trend: Crypto Fear and Greed Sentiment sits at a cool 50 / 50 marking the continuation of a mixed sentiment following up from our previous idea in which we noted the market was moving hesitantly thanks to that horizontal channel as we fought to keep the 200 EMA while trying to keep and sustain price action above the $2.00 mark. 🗣️ Key Levels: For the short term our key levels stand with resistance at $2.10-$2.13, with a breakout from that horizontal channel required in order for us to target higher levels, especially with the mixed sentiment. Downside risk would be the solid support level we have near $2.00-$2.03. 🗣️ Technical Signals: Open interest in XRP futures has surged by ~12%, signaling heightened volatility and active speculative interest as we've noted in our last idea with ETF inflow climbing demonstrating a bullish sentiment in the long term. On the local we've got this bearish technical signal with that 50 EMA having converged with our 20 EMA as we lost the 200 EMA on the hourly. But then again we are dealing with the mixed channel so bears and bulls are both tugging to win. 🗣️ Descending Channel: I've noted with two parallel markings our descending channel which was dragging prices down before we exited that thus bulls do stand a better chance at regaining a hand if they play the cards right but till we get a breakout, we'll have to stand above $2.00 and wait for either side to break before setting any higher targets. 🗣️ Catalysts: Increased on-chain activity and strong, consistent inflows into spot XRP ETFs are providing a positive backdrop, with some analysis anticipating a potential move toward $3–$4 later in the year 🗣️ Current Concerns: Heavy selling emerged near $2.13, suggesting traders are taking profits, and some analysts believe the price could remain range-bound in the near term. Leaving things at that for now, wanted to keep this short and simple. Appreciate everyone and all the support as always, keep tuned for more and let's see what the future holds in store for us. Thanks and all the best. Best regards, ~ Rock '