Crypto
XRP Tests Key Support Level, Could Breakout Towards $6-$10
XRP is testing its long-term trendline that has supported its price since 2020. Analyst Steph Is Crypto notes that if XRP breaks above this resistance, it could push its price towards $6 to $10 over the next 1-2 years.
This comes as SBI Shinsei Bank in Japan launches a new rewards program offering XRP incentives for six-month yen deposits, expanding crypto exposure through traditional banking.
The critical move now depends on whether XRP can hold this trendline and attract strong buying volume to sustain an upward trend. If it fails, the price could drop further.