Markets· ★★· neutral·

XRP holds $1.50 as rising exchange reserves raise caution

  • XRP holds support at $1.50 after retreating from $1.57
  • Binance holds 2.68 billion XRP, up 3% since September 1
  • Daily RSI at 64 signals strength without overbought conditions
  • Next resistance sits at the 100-week EMA of $1.59
Why it matters: Rising exchange reserves point to possible profit-taking, while a hold above $1.50 keeps the path open toward $1.70.
Source: FXStreet Crypto