XRP is showing signs of consolidation just below key resistance, with momentum indicators like MACD and RSI cooling off. Order book analysis highlights significant bid support at $3.05 and ask pressure at $3.14 and $3.20—suggesting a breakout or breakdown could be imminent.

Adding fuel to the long-term narrative, Hyperscale Data (NASDAQ: GPUS) has officially begun acquiring XRP, initiating a $10 million digital asset strategy that may include a 36-month lockup. Executive Chairman Milton “Todd” Ault III called XRP a “foundational asset in the evolving global financial ecosystem.”

As XRP navigates tight technical levels and institutional demand increases, all eyes are on whether price action can break above $3.20 or risk slipping below key support.

🔍 Key levels:

Resistance: $3.20 → $3.29 → $3.55

Support: $3.12 → $3.05 → $3.02

#xrp #CryptoMarkets #TechnicalAnalysis $XRP

Read the full analysis on Ecoinimist.com.