XRP Price News: What price action shows is next for Ripple linked token
XRP rose 4.26% to $1.85, recovering from an early dip as institutional interest, spurred by a VivoPower partnership, supported the token.Summary
XRP advanced 4.26% to $1.85 during Wednesday's session, recovering from an early dip near $1.797 as buyers stepped in during U.S. hours, despite muted overall market participation. This price action was partly supported by news that VivoPower and Lean Ventures are partnering to acquire Ripple Labs equity for South Korean investors, reinforcing institutional interest in Ripple-linked assets. The token's rally lagged the broader crypto market, suggesting token-specific flows drove the gains. Technically, concentrated institutional-sized volume spikes helped push XRP past the $1.84 resistance, establishing short-term support. However, the broader volume profile remains subdued, indicating cautious accumulation as XRP consolidates just below the $1.87–$1.90 supply zone, where sellers have been active.
(Source：CoinDesk)