XRP has remained relatively stable over the past 24 hours, demonstrating a slight increase from $2.194 to $2.264 amidst the backdrop of market uncertainties impacting the broader digital asset space. This upward movement in XRP’s value coincides with escalating global trade tensions, as major economies introduce new tariffs that have unsettled financial markets.
Despite facing significant headwinds, including a second consecutive week of institutional outflows totaling $28.2 million as reported by CoinShares, XRP has exhibited remarkable resilience. This stability highlights its potential utility in facilitating cross-border payments, a factor that could be pivotal in its long-term growth.
Furthermore, the recent announcement of the U.S. government’s Digital Asset Stockpile, revealed in March 2025 and inclusive of XRP, provides a robust fundamental support, even as the cryptocurrency experiences price consolidation that may challenge investor confidence.
News Background
- Ripple CEO Brad Garlinghouse has publicly denied any intentions to acquire Circle while simultaneously expanding its stablecoin strategy with RLUSD, designed to function as on-ledger collateral on the XRP Ledger.
- The acquisition of Hidden Road by Ripple suggests ambitions extending beyond typical crypto applications, aiming to strengthen the infrastructure that bridges decentralized finance with traditional finance.
- In the UAE, Ripple is actively developing tokenized real estate initiatives, translating theoretical applications into real-world asset experiments.
Technical Analysis Recap
- XRP has experienced an increase from $2.194 to $2.264 over the last 24 hours.
- Price action indicates a clear uptrend, maintaining solid support between $2.190 and $2.195, despite the aforementioned institutional outflows.
- Resistance was noted at $2.284 during the 19:00 hour, accompanied by a volume spike to 39.6 million.
- A significant breakout occurred at 15:00, where XRP surged by 2.5% on a volume of 84.7 million units.
- After a modest pullback to $2.255, XRP rebounded in the final trading hour, climbing 0.9% from $2.260 to $2.265.
- Dramatic momentum in the last 15 minutes of trading demonstrated an increase in bullish sentiment, characterized by higher lows and rising volume.
Disclaimer: Portions of this article were generated with the assistance of AI tools and reviewed by CoinDesk’s editorial team for accuracy and adherence to our standards. For more information, see CoinDesk’s full AI Policy.
