Long this coin: $XRP

$XRP LONG SETUP — NEXT TARGET 1.533 Entry: 1.495–1.502 TP: 1.515 Next Price: 1.533 Extended Target: 1.555 SL: 1.481 Recovery structure is improving with higher lows. A clean hold above 1.50 strengthens the bullish continuation setup toward 1.533.

The banking narrative is indeed no longer as attractive. After the Seoul conference, when the rally involving four major banks ended, the price of $XRP fell below its pre-event level. Even despite the return of 6.68 million coins through ETFs on Friday and continuous inflows from institutional channels, the coin’s price continues to fall. This indicates that selling pressure at the 1.55 level was stronger than expected. The XRPN listing on Nasdaq next week is a potential catalyst, and institutional investors’ access to XRP is expanding, but such news has recently failed to lift the spot market, so it is not advisable to place large bets in advance. Until the sideways range is broken, this remains a market for buying dips and selling rallies, while chasing a breakout would be a major mistake.