@jaxoni
XRP’s of $1 from Ripple’s favorable legal progress has sparked hopes of challenging the $1.5 resistance level, but chain data tells a mixed story. On-chain metrics show rising whale accumulation—addresses holding 10k+ XRP have grown 10%—and trading volume is up 45% as momentum builds. However, market depth at $1.2-$1.5 is thin, with limited buy orders to absorb selling pressure. Ripple’s ongoing legal talks with global regulators could be a catalyst: a full settlement would likely push XRP past $1.5. Without regulatory clarity, profit-taking at $1.2-$1.3 may stall gains. The token’s trajectory depends on converting legal wins into real-world adoption and liquidity.
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