XRP Eyes $2 as Key Support Holds Firm
XRP is holding strong above its key support level near $1.45, and while it's currently trading around $1.4793, there's still a lot of room for growth.
Last week saw XRP spot ETFs log an 11th consecutive week of inflows, bringing in a total of $75.59 million - a clear sign that adoption and funding are on the rise.
However, with short-term risks still present, XRP is not out of the woods yet. In fact, just 24 hours ago saw $16.44 million in liquidations, with longs absorbing $10.68 million of that total.
To clear its near-term resistance level and potentially move towards $2, XRP will need to breach the $1.55 mark. But for now, it's holding steady above its triangle support near $1.37.