XRP holds firm around €1.21 despite market pressure
The XRP price stands at €1.21 with €440 million in volume. A break of €1.19 threatens €1.05–€1.10. XRP is recovering more strongly than BTC and ETH and keeps seeing ETF inflows.
The current XRP price is €1.21, with a 24-hour trading volume of more than €440 million.
A descending triangle
XRP is at a tipping point due to the formation of a descending triangle on the chart and is repeatedly testing the support level around €1.19. If this line of defense breaks, the price targets lie between €1.05 and €1.10.
Stronger than BTC and ETH
Yet XRP recently recovered more strongly than Bitcoin and Ethereum: at one point XRP was up 2.7 percent, while for BTC and ETH it was less than 1 percent. XRP ETFs keep recording inflows while the rest show outflows — a positive signal for Ripple holders.
Sources: Finst, CryptoKoersEuro, Crypto Insiders.