XRP0.03%-> has again attracted market attention as the confluence of technical structure, institutional product flow, and regulatory developments reinforce each other. This indicates that the asset has entered a trend higher across multiple time frames.
Market data shows that XRP is consolidating around the $2 level, having previously broken out of a long-term archetype that has been in place for several years.
At the same time, the increase in assets in XRP-linked funds and improved sentiment towards Ripple’s regulatory outlook are strengthening the current market structure, rather than weakening it.
XRPUSDT
Perp
1.8631
-0.58%