Altcoins News

Story: XRP Holds $1 Support as Tokenized Assets on Its Ledger Hit $4 Billion

By Sydney TheCMO

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Support, Resistance, and the Wave 3 Question. Analyst EGRAG CRYPTO laid out the levels pretty clearly.

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XRP Ledger Growth Hasn't Moved the Price. Here's what's strange. The XRP Ledger is actually doing well.

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Bitcoin Hyper Draws Presale Attention. Worth noting: while XRP stalls, some capital seems to be rotating toward earlier-stage…

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XRP is at $1.006. Down 3.2% on the day, Ripple's token is sitting right on top of the $1 mark — a level traders have watched for months.

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The setup is pretty simple. XRP has been grinding sideways while Bitcoin, Ethereum, and Solana have managed to post gains.

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Analyst EGRAG CRYPTO laid out the levels pretty clearly. For XRP to kick off what he calls a Wave 3 rally targeting the $3.00–$3.60 range, it first needs to clear resistance at $1.

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TradingView data puts the immediate resistance at $1.06. Break that, and $1.35 comes into view, then $1.64 after that. CoinGecko's numbers put XRP's trading band between $1.

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Three scenarios are basically on the table. Bullish: XRP clears $1.06, pushes through $1.30–$1.60, and EGRAG CRYPTO's Wave 3 target becomes a real conversation.

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No details from Ripple on what might act as that catalyst. No comment at press time.

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Here's what's strange. The XRP Ledger is actually doing well. Tokenized assets on the ledger have surged to $4.06 billion across 373 assets.

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Related: XRP ETFs Log Four Straight Weeks of Gains as Price Tests $1 Support

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And yet the token price won't move. That gap between fundamental growth and price action is what's keeping a lot of investors on the sidelines.

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The ETF inflow story hasn't helped XRP the way it's helped some of its peers. Bitcoin and Ethereum have both benefited from institutional flows tied to spot ETF products.

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Worth noting: while XRP stalls, some capital seems to be rotating toward earlier-stage infrastructure plays. Bitcoin Hyper is one example getting attention right now.

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But the presale numbers are hard to ignore. Bitcoin Hyper has raised over $33 million so far.

The Currency Analytics

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