Current price: ~$2.32 (up ~0.08% over the last 24 hours)
Intraday range: $2.14 to $2.33
Support & Resistance Levels
Immediate support:
$2.09–2.10 (near 200-day EMA)
$2.05–2.07 (previous rebound zone)
Resistance zones:
$2.30–2.33 (short-term ceiling)
$2.50 (medium-term, breakout target)
Technical structure:
Recently broke out of an ascending triangle with confirmed higher lows, targeting $2.30 next and possibly $2.50 in the short-term
Resistance at $2.25 is crucial—reclaiming it could open path to $2.36+
Fresh News & Project Updates
$200K grants in Japan: Ripple has launched a new grant program (up to $200,000 per startup) in partnership with Web3 Salon and JETRO to support XRPL-based DeFi, RWA, and payment startups. This expands Ripple’s Japan & Korea ecosystem strategy
Growing futures interest: XRP futures open interest has climbed to ~$4.1B, indicating increased institutional participation
On-chain resilience: Large XRP holders (1M–10M addresses) are buying on dips, signaling confidence amid geopolitical concerns
Legal environment update: XRP is set as part of a U.S. Strategic Crypto Reserve alongside BTC and SOL, backed by a Presidential order (March 2025)
What to Monitor Next
Price action near $2.30–2.33 – a convincing breakout could propel XRP toward $2.50.
Support holding – dips to $2.10–2.05 should be watched as potential bounce zones.
Ripple grant outcomes – announcements of funded Japanese projects could amplify XRP’s utility narrative.
Futures and institutional flows – stable or growing OI suggests deeper market confidence.