XRP Prices Find Support at $1.35, Analysts Eye $1.60 to $1.86 Resistance
The price of XRP has stabilized around $1.35 to $1.38 per unit, with analysts predicting further growth if this support level holds.
XRP surged to $1.41 after briefly dipping below $1.40, but the current trend suggests that a key resistance level is around $1.86 per unit.
A similar price drop occurred in August when XRP reached its all-time high of $1.69, and this time around it coincided with a significant increase in Binance's leverage ratios.
Ripple recently launched the Delta One business line and Evernorth is nearing the end of its shareholder vote before listing on Nasdaq.