Overview
- XRP trades around $2.85–$2.90 after failing to reclaim $2.90, with intraday charts flagging resistance at that level and risk of a drop through $2.78 toward $2.71 and $2.65.
- Several analyses highlight a descending or symmetrical triangle; a decisive break lower could open targets near $2.60 and, on some models, as low as roughly $2.07 if the pattern confirms.
- Technical watchers say the high‑time‑frame $2.70 area is the key line in the sand, with open interest reset near $8.96 billion and a potential rebound path toward $3.55 if buyers defend it.
- Ripple published the next XRPL roadmap phase, detailing a native lending protocol, compliance tooling, privacy protections, and the RLUSD dollar‑pegged stablecoin aimed at institutional payments and DeFi.
- On‑chain observers reported whales bought over 30 million XRP in 24 hours, and separate coverage notes speculation about a spot XRP ETF decision next month, which remains unconfirmed.