- The price of XRP had support near $1.40 and may look for $1.50 again.
- Bitcoin and Ethereum continued to command attention.
- Cryptocurrencies show potential for growth despite geopolitical headwinds.
XRP images it represents an important test of the resistance level of $ 1.50, supported by signs of growth in the cryptocurrency market.
Like Bitcoin settles above $78,000 and Ethereum is close to $2,300, XRP price around $1.40 shows stability in today’s trading.
BTC and ETH at current levels could help fuel further capital flows, with top altcoins likely to follow despite global uncertainty.
The price of XRP has support
As we have seen, XRP held above the major support at $1.40 on Thursday, with a slight lift to today’s highs which indicates a potential move back to $1.50.
While prices were down about 1.8% at the time of writing, trading volume was also down 11%, suggesting bulls are taking pressure to sell rather than speculation.
XRP rose above $1.45, showing confidence while Bitcoin regained $78,600 and Ethereum touched $2,350.
Cryptocurrencies have been doing great work despite some headwinds, including conflicts in the Middle East.
“This month’s rebound shows the economic growth. If the economic crisis is easing by the end of the year, the bottom of Bitcoin will also be confirmed,” experts at The Greeks live wrote on X.
The chain’s data shows a drop in strong sales, with the number of whales increasing in recent weeks. This stability indicates that buyers are consolidating and may face further resistance if interest rates continue.
The price of XRP shares
The main view of XRP remains related to the movement of risky assets, including the recent outflow from crypto ETFs.
Major factors—such as Federal Reserve hawkishness and equity market pullbacks—can increase downside risk. If Bitcoin weakens, XRP may follow.
Global uncertainty, including little progress from the US-Iran ceasefire, could raise sentiment.
That said, interest from agencies and vendors remains supportive. RippleThe ongoing union and expansion of the wage bill continues to boost demand.
Despite the delay in the launch of the XRP ETF, experts believe that Ripple can still attract the right investment.
Technical planning shows potential
From a technical point of view, a cup and handle pattern is formed on the daily chart.
The base of the “cup” was formed between $1.10 and $1.65 last month, the handle included $1.40–$1.50.
A definite break above $1.50 could open the way to $1.80. However, XRP has struggled to regain momentum after falling below the $2.00 level.
A failure to resist resistance could see the indicator return to lower support levels around $1.30 or $1.20, last seen in early April.
Going forward, investors look to information on economic growth and global trends to guide them.
