$XRP Is Making Waves Again As The Crypto Market Rises: Be Cautious With Unrealistic Predictions

As the crypto market is experiencing a strong recovery, XRP – one of the oldest and most controversial names – is drawing attention once again. On Crypto Twitter, the XRP supporting community is becoming increasingly vibrant, but it is also accompanied by countless bold claims and unverified rumors. A Twitter user shared that the "What's happening" section related to $XRP has now become a mess with all kinds of rumors. From BlackRock secretly investing billions of USD in XRP, to claims that the global payment system SWIFT will integrate XRP, or transactions in the "darkpool" targeting a price of $10,000. Additionally, there are countless "giveaway" programs rampant – all creating a chaotic and unverifiable scene. It is noteworthy that this user also admits that most of the aforementioned news lacks a clear source and is merely sensationalized. He humorously shared: "The fastest way to get thousands of likes on Crypto Twitter nowadays is to post a line like: 'Apple secretly bought all the XRP in escrow 7 years ago.'" Lawyer Bill Morgan – a long-time supporter of XRP – also shared his views. He believes that serious legal discussions surrounding the lawsuit between Ripple and the SEC deserve more attention than simple emotional tweets. "You could spend half an hour explaining the terms of Ripple's settlement agreement, or just post a line saying 'XRP will go to $1,000' to get five times the engagement," he shared sarcastically. XRP Technical Analysis: Opportunities and Risks Currently, XRP is still moving in the same direction as the upward trend of the crypto market in general. However, the "hype" (drawing attention to inflated expectations) is playing a significant role in the current rise. As of the time of writing, XRP is trading below the $2.60 mark. In the short term, the bulls will try to push the price above the resistance zone of $3.00 - an important psychological price level. On the contrary, the important support range lies between $1.79 – $2.26, with the mark $2.15 playing a special role. If XRP breaks below this mark, it could be a sign that the upward momentum has peaked in the short term. As long as XRP holds above these support levels, the uptrend remains intact. The next target will be to retest the historical highs (ATH) previously achieved. Conclusion The return of XRP to the spotlight is clearly reflecting the dual aspects of the crypto market: technological potential and high speculation. Although XRP may have growth prospects in the future, investors need to stay alert to baseless rumors and always prioritize researching information from official sources. Remember that the crypto market can yield significant profits, but it is also fraught with risks if one cannot control greed and FOMO (fear of missing out ).