XRP Holds $3.12 as Institutional Demand Meets Token Release Risk
I see XRP trading at $3.12 following the Ripple‑SEC settlement, which has drawn renewed institutional interest and helped support the price.
At the same time, a recent 1 billion token release increases short‑term supply and volatility risk, so I remain cautious and am watching volume and on‑chain flows before adding exposure.
Analysis
Recommendation
Hold for now and monitor volume, on‑chain supply changes and whale activity; consider buying on weakness or after confirmation of sustained demand rather than chasing the current uptick.
Disclaimer
The Analysis and recommendations provided are for informational purposes only. Any investment decisions should be made at your own risk. Past performance is not indicative of future results. Always conduct your own research and consider consulting with a financial advisor before making any investment decisions.