Overview
- XRP is trading around $1.32 to $1.33 with buyers defending support near $1.27 inside a tight, descending price channel.
- Options volume jumped about 216% to $3.76 million, and Binance data shows high open interest and a long bias among top traders.
- Ali Martinez points to a $0.75 to $0.80 area as a buy-the-dip zone if the long-running triangle retests support, arguing a break from nine years of consolidation could be powerful.
- Lars Kooistra says higher time frames now show distribution and targets downside levels near $1.20 and $1.10, with other chartists warning of $0.70 to $0.85 if resistance keeps holding.
- RippleX executive Markus Infanger is slated to discuss real-world XRP Ledger uses at Paris Blockchain Week, a visibility push that could influence sentiment around adoption.