XRP holds above $1 – Could a short squeeze catch bears off guard?

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Whales have accumulated 380 million XRP around the key $1 psychological level as the price holds above that threshold for 632 consecutive days. Stablecoin market cap on XRPL surged over 12% in 24 hours, adding more than $100 million in net flows, while RWA asset value climbed 28% in 30 days. XRP’s RSI sits around the neutral 50 level, standing out against Bitcoin, Ethereum, Solana, and BNB which are already in overbought territory. Aviva Investors tokenized a fund on XRPL, signaling growing institutional capital into the ecosystem. These factors suggest XRP could be undervalued and a short squeeze toward $1.15 may be on the horizon.

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Telemac
Telemachttp://cryptoinfo.ch
Passionné de nouvelles technologies, j’explore l’univers de la blockchain et des cryptomonnaies pour partager l’actualité et les innovations du secteur.

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