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| Ticker | Name | Date | Analyst Firm | Up/Down | Target ($) | Rating Change | Rating Current |
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XRP (CRYPTO: XRP) has slipped below key support levels despite strong ecosystem fundamentals, with traders viewing the move as a potential setup for an upcoming breakout.
| Cryptocurrency | Ticker | Price | Market Cap | 7-Day Trend |
| XRP | (CRYPTO: XRP) | $2.46 | $148.2 billion | +2.8% |
| Bitcoin | (CRYPTO: BTC) | $107,954.65 | $2.15 trillion | -1.2% |
| Ethereum | (CRYPTO: ETH) | $3,803.93 | $458.8 billion | -1.2% |
Trader Notes: EtherNasyonal pointed out that XRP's repeated resistance tests and consistent accumulation above support indicate the asset is preparing for a breakout.
Each retest weakens sellers as buyers absorb supply and gain momentum, potentially turning the resistance zone into a launchpad for an upward move.
He concluded, "The breakout is no longer a question of if, but when."
Statistics: According to Coinglass, total XRP liquidations reached $19.98 million, with $17.4 million in long positions closed as traders were forced out by a sudden price drop.
Open interest has remained above $4 billion since Oct. 25, reflecting strong trader engagement.
The REX-Osprey XRP ETF reported $115.98 million in assets under management.
Community News: Crypto wallet provider Uphold announced plans to relaunch its U.S. debit card, allowing users to earn up to 6% in XRP rewards, a program paused since March 2023.
Additionally, customers who deposit a portion of their paycheck into Uphold accounts can earn an extra 4% in XRP rewards.
Meanwhile, NovaDiusWealth President Nate Geraci cited Bitwise CIO Matt Hougan, who predicted that a spot XRP ETF could easily reach $1 billion in assets within months of launch, with inflows expected to surpass market expectations.
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