XRP trades at $1.53, up 1.5% on the day, with weekly gains of 17-18% placing it among the top-performing large-cap tokens in the top 10. Spot ETF products tied to XRP attracted $1.73 billion in net inflows, bringing total assets under management to nearly $1.7 billion. Absa’s launch of institutional digital asset custody with Ripple expands regulated access across Africa, while the CFTC’s ongoing crypto asset rules keep compliance-driven capital watching the token. Key resistance stands at $1.63, with support at $1.4642-$1.4800: a bullish scenario targets $1.66 or even $1.83 on a breakout, while a loss of support would expose the price to $1.40-$1.41.
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