$XRP XRP is attempting to reclaim the $1.52 level, supported by Ripple’s expansion with Brevan Howard
Ripple has expanded its partnership with Brevan Howard through the Ripple Prime platform, providing prime brokerage, clearing, and financing services for its funds in traditional and digital markets.
This is a positive development in the medium term, as it strengthens Ripple’s presence among major financial institutions. However, there has been no direct announcement that the agreement involves the purchase or use of XRP.
📊 Technical analysis on the 15-minute timeframe
XRP is trading near $1.5152 after bouncing from a low of $1.4860, and the price is now above:
MA7: 1.5114
MA25: 1.5079
MA99: 1.5036
This reflects an improvement in short-term momentum.
Support:
$1.5035
$1.4936–$1.4860
Resistance:
$1.5157
$1.5234
🎯 Bullish scenario:
A clear breakout above $1.5234 could push XRP toward $1.5330.
Summary:
XRP is currently attempting to turn the $1.50–$1.51 zone into support. Holding this zone, alongside a breakout above $1.5234, would be a stronger technical signal that the recovery may continue.
⚠️ This is not investment advice. Risk management and independent research are essential before making any decisions.
$XRP
Ripple has expanded its partnership with Brevan Howard through the Ripple Prime platform, providing prime brokerage, clearing, and financing services for its funds in traditional and digital markets.
This is a positive development in the medium term, as it strengthens Ripple’s presence among major financial institutions. However, there has been no direct announcement that the agreement involves the purchase or use of XRP.
📊 Technical analysis on the 15-minute timeframe
XRP is trading near $1.5152 after bouncing from a low of $1.4860, and the price is now above:
MA7: 1.5114
MA25: 1.5079
MA99: 1.5036
This reflects an improvement in short-term momentum.
Support:
$1.5035
$1.4936–$1.4860
Resistance:
$1.5157
$1.5234
🎯 Bullish scenario:
A clear breakout above $1.5234 could push XRP toward $1.5330.
Summary:
XRP is currently attempting to turn the $1.50–$1.51 zone into support. Holding this zone, alongside a breakout above $1.5234, would be a stronger technical signal that the recovery may continue.
⚠️ This is not investment advice. Risk management and independent research are essential before making any decisions.
$XRP
