logo

XRP Price Prediction: Surges to $1.2B Volume in Korea, But Slides Below $2.50 Support

By: fxleaders|2025/05/15 20:15:05
0
Share
copy
XRP is on fire in Korean crypto markets. The token took the top spot on both Upbit and Bithumb, with a combined 24 hour trading volume of over $1.2 billion. On Upbit, XRP made up 14.84% of total volume, beating out Ethereum , Bitcoin and Tether. Bithumb showed a similar story, with XRP pulling in $151.6 million in trades—twice Bitcoin’s daily volume. This looks retail driven, after a quick move from $2.14 to $2.48. Adding fuel to the fire, XRP futures open interest jumped 41.6% this week to $3.42 billion. Liquidity data shows strong demand: Upbit’s bid depth (+2%) is $929,000, ask depth (-2%) is $3.72 million. Bithumb’s numbers are similar, with a concentration of activity in XRP not seen in other major altcoins. Market Cap and Liquidity Dominance XRP also passed a milestone, surpassing Tether to become the 3rd largest cryptocurrency by market cap. As of today, it’s 4.47% of the total crypto market, with a live cap of $144.8 billion. Supply is 58.5 billion, max supply 100 billion. This is not just reshaping Korean spot markets, but also global derivative positioning. Traders are rotating into XRP exposure as the token is showing more resilience than peers during the latest market pullback. XRP/USD Technical Setup Warns of Short Term Caution Technically, XRP/USD has broken below the ascending trendline and the 50 hour EMA at $2.5286. Price is now at $2.48, below the $2.50 resistance zone and recent support. Unless bulls get back above $2.57, downside is in play. MACD momentum confirms bearish divergence, and unless a bullish reversal forms, the pair may test $2.42 soon. A close above $2.57 would invalidate this setup.

You may also like

Electric Capital: Tracking 501 types of yield-generating RWA assets, we discovered these patterns

From private credit to GPU leasing, from catastrophe bonds to music royalties, the range of tokenizable assets is much richer than the market perceives. However, the biggest challenge is not technology, but distribution—existing RWAs heavily rely on a few large deployers, and the concentration of ri...

Those who are cut off by AI will not disappear; they will become the creators of the next round of the economy

AI is not eliminating people, but rather the superstition of "stable careers": those who break the shackles of organizations and understand how to rewrite themselves are ushering in the ultimate revenge.

Stablecoins reshaping cross-border payments in Asia? Strategic panorama and investment opportunity analysis

With the popularity of local payment channels, the costs of traditional transfers have been significantly reduced, and the fees are now mainly concentrated in the domestic settlement phase, which is precisely what stablecoins cannot bypass.

Zuckerberg is building an AI agent to help him as CEO

Zuckerberg is reported to be personally developing a "CEO proxy" to accelerate information acquisition and reduce management layers.

Bloomberg: Swiss Private Bank Old Guard Rifts, Is Bitcoin the Spark?

For Marc Syz, this is both a bet on the digital asset track and a complete break from Switzerland's long-established private banking dynasty.

Zuckerberg is building an AI assistant to help him be CEO

Mark Zuckerberg has been reportedly personally developing a "CEO Proxy" to speed up information flow and reduce management layers.

Popular coins

Latest Crypto News

05:42

Data: In the past 24 hours, the total liquidation across the network was 816 million USD, with long positions liquidated at 431 million USD and short positions liquidated at 385 million USD

According to Coinglass data, in the past 24 hours, the total liquidation across the network was $816 million, with long positions liquidated at $431 million and short positions liquidated at $385 million. Among them, Bitcoin long positions were liquidated at $109 million, Bitcoin short positions at ...
05:42

The three major U.S. stock indices closed up over 1%, with NIO and XPeng both rising 7%

According to Jinshi reports, U.S. stocks closed on Monday with the Dow Jones Industrial Average initially rising by 1.38%, the S&P 500 index up by 1.1%, and the Nasdaq Composite index up by 1.38%. Advanced Micro Devices rose by 5%, NVIDIA rose by 1.7%, and TSMC rose by 2.8%. The Nasdaq China Golden ...
05:42

The Dow Jones Index closed up 631.12 points, with both the S&P 500 and Nasdaq also rising

According to Jinshi reports, the Dow Jones Industrial Average closed up 631.12 points on March 23 (Monday), an increase of 1.38%, at 46,208.59 points; the S&P 500 index rose by 74.52 points, an increase of 1.15%, at 6,581 points; the Nasdaq Composite Index rose by 299.15 points, an increase of 1.38%...
05:42

Data: 3.8098 million ZRO transferred from Wintermute, worth approximately 8.15 million USD

According to Arkham data, at 04:19, 3.8098 million ZRO (worth approximately 8.15 million USD) was transferred from Wintermute to an anonymous address (starting with 0x6652...).
05:42

Daly: The economy faces two potential development paths, with escalating conflicts affecting policy trade-offs

According to Jinshi reports, Fed's Daly stated that the economy has at least two potential development paths. Prolonged conflicts may exacerbate the trade-offs in monetary policy.
Read more
Community
iconiconiconiconiconiconicon

Customer Support Bot：@WEEX_support_smart_Bot

VIP Services：support@weex.com