XRP Price Analysis: Ripple Edges Higher to $2.4 as Volume Surges Above Weekly Average
CoinDesk
XRP rose slightly to $2.43 with trading volume spiking 12% above average amid institutional interest.Summary
XRP posted a modest gain, closing near $2.43 with trading volume 12% above its weekly average, suggesting professional positioning ahead of key resistance. This uptick in activity is attributed to increasing institutional flows anticipating the SEC's ETF decisions and Ripple's capital raise. Technically, XRP is holding steady, defending the $2.41–$2.42 support corridor, but traders are watching for a decisive breakout above $2.45 to confirm a bullish trend continuation; failure to break this level could lead to a retracement toward $2.40. The token traded between $2.41 and $2.54 during the session, with peak activity occurring during institutional trading hours.
(Source：CoinDesk)