XRP Breaks Downtrend With 5.62% Gain to $1.49
- —XRP trades at $1.4895, up 5.62% from a $1.4103 close
- —Price closed above the downtrend from the $1.70 peak and held the 200-day EMA at $1.3563
- —Daily RSI is 62.50 against a 53.80 signal line, leaving room before overbought
- —US spot XRP ETFs hold 977.92 million XRP worth about $1.064 billion
Why it matters: The trendline break opens the door to $1.50 and $1.80, but Ripple's monthly escrow unlocks of up to 400 million XRP remain structural selling pressure.
Source: CryptoTicker