Ripple (XRP) is moving around the $1.29 level. As of around 2:30 p.m. on the 17th, the price of XRP continues to fluctuate around $1.29.

[Recovery of the $1.30 Level Is Key]

With the recent price correction bringing the $1.30 level back into focus as a key price zone, the market is turning its attention not only to price movements but also to technological changes within the XRPL itself.

On the price front, with XRP having fallen to around $1.29, the key points to watch are whether it can recover the $1.30 level and the direction of recently expanded volatility. Meanwhile, expectations for technological upgrades and the actual XRP price trend should be considered separately.

[Bitcoin's Move as Market Leader 'Closely Watched']

Bitcoin's movement is also a point of interest. Franklin stated, "Bitcoin's close this week was quite weak, and selling pressure clearly dominated. On the one-hour chart, the price is still moving near the support line. Bitcoin broke through that zone again, but now it faces resistance." Given that he is watching this level closely, this is interpreted as implying that attention should ultimately be paid to the influence the market leader (Bitcoin) will have on Ripple.

[Cryptocurrency prices may vary depending on the exchange and the time. This article is for informational purposes only and does not constitute investment advice for any specific virtual asset. The final judgment and responsibility for investments rest with the investor. AI provided partial assistance in the writing of this article.]