XRP XRP/USD has slipped below key support levels despite strong ecosystem fundamentals, with traders viewing the move as a potential setup for an upcoming breakout.
| Cryptocurrency | Ticker | Price | Market Cap | 7-Day Trend |
| XRP | XRP/USD | $2.46 | $148.2 billion | +2.8% |
| Bitcoin | BTC/USD | $107,954.65 | $2.15 trillion | -1.2% |
| Ethereum | ETH/USD | $3,803.93 | $458.8 billion | -1.2% |
Trader Notes: EtherNasyonal pointed out that XRP's repeated resistance tests and consistent accumulation above support indicate the asset is preparing for a breakout.
Each retest weakens sellers as buyers absorb supply and gain momentum, potentially turning the resistance zone into a launchpad for an upward move.
He concluded, "The breakout is no longer a question of if, but when."
Statistics: According to Coinglass, total XRP liquidations reached $19.98 million, with $17.4 million in long positions closed as traders were forced out by a sudden price drop.
Open interest has remained above $4 billion since Oct. 25, reflecting strong trader engagement.
The REX-Osprey XRP ETF reported $115.98 million in assets under management.
Community News: Crypto wallet provider Uphold announced plans to relaunch its U.S. debit card, allowing users to earn up to 6% in XRP rewards, a program paused since March 2023.
Additionally, customers who deposit a portion of their paycheck into Uphold accounts can earn an extra 4% in XRP rewards.
Meanwhile, NovaDiusWealth President Nate Geraci cited Bitwise CIO Matt Hougan, who predicted that a spot XRP ETF could easily reach $1 billion in assets within months of launch, with inflows expected to surpass market expectations.
Read Next:
Image: Shutterstock
Edge Rankings
Price Trend
© 2025 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.