$BTC has already broken through $85,000
$XRP is still hovering around $1.5
$XRP has recently returned to around $1.5 again, but compared with XRP’s rebound from BTC’s move from $75,000 to $85,000, XRP still hasn’t broken through its previous key price level.
The XRP Ledger supports fast, low-cost asset transfers, and Ripple is also pushing forward with cross-border payments and stablecoin businesses. However, Ripple’s business growth doesn’t necessarily mean that every transaction creates buy demand for XRP; the token price still depends on real usage needs and market trade activity.
Right now, I’m more focused on whether $1.6 can break through.
If XRP breaks above $1.6 and the trading volume increases at the same time, then we can see whether this rebound can continue. If it keeps lingering around $1.5, then there’s no need to chase the price just because BTC has risen.
$XRP is still hovering around $1.5
$XRP has recently returned to around $1.5 again, but compared with XRP’s rebound from BTC’s move from $75,000 to $85,000, XRP still hasn’t broken through its previous key price level.
The XRP Ledger supports fast, low-cost asset transfers, and Ripple is also pushing forward with cross-border payments and stablecoin businesses. However, Ripple’s business growth doesn’t necessarily mean that every transaction creates buy demand for XRP; the token price still depends on real usage needs and market trade activity.
Right now, I’m more focused on whether $1.6 can break through.
If XRP breaks above $1.6 and the trading volume increases at the same time, then we can see whether this rebound can continue. If it keeps lingering around $1.5, then there’s no need to chase the price just because BTC has risen.