XRP is back in the center of attention, recovering traction in trends lists as investor interests. The buzz around the Token intensified after Vivopower committed $ 100 million in XRP, adopting it as part of his official reserve of the Treasury, marking a great vote of confidence.
Simultaneously, in another news of XRP, the CEO of Ripple, Brad Garlinghouse, refuted the rumors of an acquisition of Circle, which provides a very necessary clarity. Ripple, now in his eighth year, continues to show a leadership promoted by a purpose, after having deployed $ 200 million for good social initiatives. These developments have caused renewed optimism in XRP market prospects.
XRP market feeling:
Market capitalization for XRP is now $ 131.85 billion, reflecting a 2.19% increase in the last 24 hours. The negotiation volume has increased by more than 6%, reaching $ 2.4 billion, indicating greater participation and greater liquidity. The 24 -hour price varies between $ 2.19 and $ 2.28 shows a bounce of local minimums, and technical merchants are watching closely while XRP re -tests key mobile averages.
The data in the chain admit this optimism. The exchange inputs remain moderate, which suggests a limited pressure on the side of the sale. In addition, the wallets containing between 1 mA 10 m xRP have slightly increased holdings, indicating the whale confidence at current levels.
Ripple XRP price analysis:
XRP currently has a price of $ 2.24, 2.35% more on the last day. After diving to $ 2,1279, the price has risen above the key support levels. The 9 -day SMA is around $ 2.22, which now acts as a dynamic support zone. If XRP generates impulse, you could visit the resistance again about $ 2,3496. However, it is worth noting that with the RSI in 46.42, the trend remains neutral to slightly bassist in the short term.
That said, if it is not maintained above $ 2.20, it could invite the renewed sales pressure, potentially delaying the price to the support of $ 2,1279. But any lateral trend above this brand could pave the way for a stronger upward movement in mid -June.
If you are a Hodler, you must read our Ripple (XRP) 2025, 2026-2030 price prediction!
Frequent questions
A: Currently, XRP shows a neutral to slightly bass player in the short term, but keeping above $ 2.22 can change the trend at reach.
TO: The next important resistance is $ 2,3496. A rupture on this could open the road to $ 2.50.
TO: XRP is in a trend due to the investment of $ 100 million of Vivopower, the denial of rumors of wavy circle and the renewed approach in the long -term vision of Ripple.
Fountain:
