Ripple Returns 700M XRP to Escrow as $1.59 Resistance Comes Into Focus
- —Ripple returned 700 million XRP, worth over $1.05 billion, to escrow
- —300 million of the 1 billion unlocked tokens remain outside escrow
- —About 31.845 billion XRP stays in escrow
- —Key resistance for XRP sits at $1.59, support at $1.44–1.47
Why it matters: The escrow return eases supply pressure, but XRP's next move hinges on whether buyers can clear the $1.59 barrier.
Source: Brave New Coin