XRP Stabilizes Near $2.28 as Ripple and XRPL Achieve Series of Milestones

XRP Steadies Around $2.28 as Ripple Scores Key Wins and XRPL Expands

XRP (XRP) has maintained a tight trading range between $2.27 and $2.32 over the last 24 hours, showing resilience amid a mixed macroeconomic backdrop driven by global trade tensions and diverging central bank actions.

According to CoinDesk’s AI-driven analytics, XRP is building important support levels as investors weigh Ripple’s recent achievements and ongoing developments on the XRP Ledger (XRPL).

Key Developments Boosting Confidence

Ripple’s regulatory successes in Dubai and the progress on its stablecoin initiative RLUSD provide a strong fundamental boost, although uncertainty remains due to broader geopolitical and economic volatility.
Institutional-grade real-world asset products are expanding on XRPL with Ondo Finance’s launch of its Ondo Short-Term U.S. Government Treasuries (OUSG) offering.
The rollout of Digital Commercial Paper (DCP), backed by U.S. Treasuries and tokenized via Guggenheim Treasury Services on the Zeconomy platform, enhances the XRPL ecosystem’s depth and appeal to institutional players, with flexible maturities up to 397 days.

Price Movements and Market Behavior

XRP traded within a 2.37% range, fluctuating from $2.264 to $2.319. The price found strong support between $2.273 and $2.280, where buyers repeatedly entered to defend the level despite tests of lower prices.

Resistance at $2.315 proved difficult to breach, with price rejections occurring twice during high-volume periods.

Late in the trading session, XRP briefly dropped by 2.17% from $2.285 to $2.280 but saw a surge in buying volume totaling 3.9 million tokens, reinforcing the $2.280 support zone.

Volume peaked at 1.8 million units at 01:32 UTC, signaling sustained buying interest near the lows. An ascending support trendline points to a phase of consolidation and sets the stage for a possible breakout if the $2.315 resistance is overcome.

Technical Highlights

Price range between $2.264 and $2.319 (2.37% volatility).
Strong support zone formed at $2.273–$2.280 with consistent buyer activity.
Resistance established at $2.315, confirmed by multiple rejections on elevated volume.
Closed near the midpoint of the range at $2.284, reflecting consolidation.
Sharp 2.17% dip in the late session met with robust volume support.
Highest trading volume recorded at 1.8 million tokens confirms buyer interest.
Ascending trendline indicates short-term price stabilization and potential breakout.