XRP Price Nears Breakout as Analyst Sees Confirmation at $1.38

XRP price is trading near $1.34 as it approaches a potential breakout, according to analyst Ali Martinez.

Martinez identifies $1.31-$1.35 as support and $1.38 as confirmation for the breakout, with a target of $1.60 if successful.

RippleX Head of Product Jazzi Cooper sees XRP collateral for institutional credit as a 'killer use case' linked to the proposed XRPL lending stack, but the current design still requires validator approval before institutions can use its native functions.