XRPUSDT

Perp

1.879

-5.82%

XRP approaches resistance at $2.40

The price of XRP at $2.09 is testing support at $2, which has held multiple times this year. The reduced supply due to whale purchases and attracting exchange-traded funds of around $900 million boosts demand.

Technical analysis indicates that XRP is moving within a contracting triangle, and a breakout above resistance at $2.40–$2.45 could lead to a strong rise of ~16%. Meanwhile, breaking support at $2.02 could push the price down to $1.85–$1.90.

Trading volume increased by 77.5% despite market weakness, reflecting growing interest from buyers.