XRP Price Recovers After Resistance Dip, Targeting $2.83 Support

After hitting a resistance level of $3.10, XRP price saw a dip but rebounded to secure support at the $2.83 level as predicted by analyst Ali Martinez. His chart analysis highlights the significance of technical levels in predicting XRP’s price action. The retracement followed resistance levels around $2.96 and $2.83 respectively. 86% chance of SEC approval for XRP ETFs, based on Polymarket prediction. This confidence stems from Amplify Investments filing for an XRP-focused ETF which could pave the way for institutionalized investment in the cryptocurrency.