XRP News Today: Bulls and Bears Battle Over XRP’s Key $2.50 Mark Amid Rising Volatility
- XRP faces intense bearish/bullish battle as $7M leveraged short positions clash with Binance's $8.4B futures inflows, creating $3.4B open interest. - Technical analysis highlights $2.50 pivot level with Fibonacci targets at $2.77-$3.10 if bulls break resistance, while breakdown risks $1.94. - Ripple's $500M funding at $40B valuation and Mastercard partnership fuel debate over XRP's intrinsic value vs. $87.5B escrow-linked worth. - Macro risks including Trump tariff ruling uncertainty and potential XRP ET
The
At the same time,
Technical experts are focusing on Fibonacci extension levels that may determine XRP’s next direction.
Ripple’s recent strategic actions are adding to the market’s unpredictability. The company has just wrapped up a $500 million funding round, valuing it at $40 billion, with backing from Citadel Securities and Galaxy Digital. During Ripple’s Swell 2025 event, CEO Brad Garlinghouse underscored XRP’s central role in the ecosystem and announced a collaboration with Mastercard to pilot RLUSD stablecoin settlements. Garlinghouse also advocated for using "on XRP" instead of the technically precise "on XRPL," reflecting a shift toward community preferences,
Nevertheless, doubts remain regarding Ripple’s valuation. Venture capitalists,
Broader economic uncertainty is also a factor, with the U.S. Supreme Court reviewing Trump’s tariff authority, creating a cautious market mood. According to Polymarket, only 25% of participants believe the Court will maintain the tariffs, raising concerns about potential market disruptions. Should the decision limit executive power, both equities and cryptocurrencies could see increased volatility.
Institutional interest in XRP may accelerate if a spot ETF is introduced. JPMorgan analysts forecast $8 billion in inflows to XRP ETFs in their first year, drawing comparisons to the performance of
The market remains split. While XRP’s recent bounce to $2.29 shows some strength, open interest in derivatives at $3.32 billion,
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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