XRP at $1.47 as 10-Year Treasury Yield Hits Highest Since 2007
- —XRP trades near $1.47, down about 1.4% on the day
- —10-year Treasury yield rose to 5.27%, 30-year above 5.5%
- —Resistance at $1.57–1.63, support at the 200-day EMA near $1.37
- —A break below $1.37 would expose the $1.28 area
Why it matters: Rising bond yields raise the appeal of risk-free assets and pressure crypto; holding $1.50 will determine whether XRP's recovery stays intact.
Source: Coinpaper