#XRP Update #3 – July 27, 2025#XRP Update #3 – July 27, 2025
XRP once again found support from the previously tested K-Level zone, completing its correction and beginning a new upward move for a healthier rally. However, the recent candles show a very low-volume market. With such low volume, it may be difficult for XRP to continue rising. If this upward move takes too long, it could lead to a pullback in XRP.
XRP must not break below its last low at the $2.85 zone. If this level is broken, the next potential support is around $2.60. However, there isn't strong support at that level.
Since XRP has completed its correction, if it wants to continue its move, the target is $3.93. From the current price, this represents a potential rise of around 22 percent. But it must be noted that there is strong resistance at $3.67. This level should be broken with a strong candle.
At this stage, those who prefer to wait can consider opening a position in XRP. Personally, I will not be using a stop-loss and will instead aim to reduce my average cost by accumulating from lower levels. As seen in the chart, an entry can be made at this stage. But remember, proper capital management is key. Since I have funds to buy lower and average down, I won't be using a stop. You should define a stop level suitable to your own budget.
