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#加密市场反弹# XRP becomes the market focus again! Volume surged by 15%, and the market on May 11 is highly anticipated! Nasdaq-listed company Wellgistics Health announced the adoption of XRP as a reserve currency and payment tool, leveraging its ultra-low transaction cost of $0.0002 and 3-5 second rapid settlement advantage to achieve real-time payments in the healthcare sector. The company covers over 150 manufacturers and more than 6000 pharmacies, which may promote XRP to gain widespread recognition for institutional financing. In addition, Whale Alert detected the transfer of 29.53 million XRP from Cb, and the movement of whales has triggered expectations of market fluctuations!
From a technical perspective, the RSI is at 63, approaching overbought but still leaving room for upward movement.
A strong breakout could see $3.00; with institutional positions + market narratives supporting, $3.50 may be the high point for this round of cost recovery!
On the technical side, the RSI at 63 is close to overbought, but still leaves room for upward movement.
A strong breakout can see $3.00; with institutional holdings and market narrative support, $3.50 may be the cost round repair high point!