Ripple Executive: XRP Price Aligns with Demand

Written by Ohris M. Greyoon, Blockchain & Crypto Expert

Source: Coinmarketcap

Updated: 2 hours ago

Should l Buy XRP?

Alignment of Price and Demand: Ripple's SVP Markus Infanger stated that there is no gap between XRP price and real demand, as investment interest and real-world utility continue to grow together, reflecting a close alignment between market value and usage.
Surge in Tokenized Assets: The value of tokenized assets on the XRP Ledger skyrocketed from $100–200 million to over $2 billion in the past year, indicating deeper institutional engagement and further solidifying XRP's role as a settlement asset.
ETFs Enhance Market Liquidity: Infanger noted that the launch of XRP spot ETFs in the United States has strengthened market liquidity, supporting XRP's function as a settlement asset, with institutional participation through ETFs enhancing market depth and facilitating faster settlement efficiency.
RLUSD Expands Liquidity Options: Infanger emphasized that Ripple's dollar-backed stablecoin RLUSD does not compete with XRP but rather increases liquidity options within the ecosystem, with ongoing full deployment in Japan, showcasing the country's clear regulatory framework for digital assets.

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Technical Analysis for XRP

Technical Sentiment Analysis for XRP (XRP). As of , XRP (XRP) is exhibiting a Strong buy technical sentiment. Our proprietary analysis, which aggregates 4 technical signals, shows that 4 indicators are flashing buy, while 0 are indicating sell.

Momentum Indicators: RSI, MACD & Overbought/Oversold Status. Currently, the Relative Strength Index (RSI) for XRP stands at -, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at -, providing a Neutral signal for short-term momentum. Other oscillators like the Stochastic Oscillator at - and the Commodity Channel Index (CCI) at - further confirm a - outlook for the crypto.

Support, Resistance & Moving Averages. From a structural perspective, XRP is trading below its 60-day moving average of $- and below its 200-day long-term moving average of $-. Key price levels to watch include the immediate resistance at $- and strong support at $-. A break above $- could signal a bull continuation, while falling below $- may test the next Fibonacci floor at $-.

XRP (XRP) Support & Resistance Level

Name	S3	S2	S1	Pivot Points	R1	R2	R3
Classic	1.191	1.271	1.351	1.431	1.511	1.59	1.671
Fibonacci	1.271	1.332	1.37	1.431	1.492	1.529	1.59

About XRP

Launched in 2012, the XRP Ledger (XRPL) is an open-source, permissionless and decentralized technology. Benefits of the XRP Ledger include its low-cost ($0.0002 to transact), speed (settling transactions in 3-5 seconds), scalability (1,500 transactions per second) and inherently green attributes (carbon-neutral and energy-efficient). The XRP Ledger also features the first decentralized exchange (DEX) and custom tokenization capabilities built into the protocol. Since 2012, the XRP Ledger has been operating reliably, having closed 70 million ledgers.

About the author

Ohris M. Greyoon

Ohris M. Greyoon holds a Master’s in Computer Science from MIT and has 10 years of experience in blockchain technology and cryptocurrency markets. A pioneer in decentralized finance (DeFi) analysis, he leads Intellectia’s Crypto News, offering cutting-edge insights into digital assets.

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