Kraken Observes XRP’s Bullish Momentum as Price Breaks Key Resistance Levels

XRP has demonstrated strong bullish behavior, breaking through significant resistance levels and showing potential for further gains. The cryptocurrency’s recent performance on Kraken and other exchanges highlights its growing momentum in the market.

XRP Price Breaks Through Hurdles—Could a Bullish Surge Follow?

XRP price has found strong support at $2.120, sparking a fresh upward trajectory. The digital asset now trades decisively above $2.150 and the 100-hourly Simple Moving Average, with momentum building toward a potential breakout above the $2.350 resistance level.

A steep bullish trend line has emerged on the hourly XRP/USD chart, anchored at $2.30 support. This technical formation, coupled with the recent surge past $2.250, suggests growing investor confidence. The token’s performance mirrors broader market trends seen in Bitcoin and Ethereum, indicating sector-wide bullish sentiment.

Market observers note the decisive test of the $2.330 zone as particularly significant. A sustained close above $2.350 could validate the current momentum and pave the way for extended gains.

Cardano Expands Global Presence With New Integrations and Academic Partnership

Cardano is broadening its influence across Europe and Latin America through strategic expansions in staking, tokenization, and exchange listings. The blockchain platform’s native token, ADA, gains visibility as Liechtenstein-based LCX features a dedicated ecosystem page for Cardano-native projects.

Academic collaboration takes center stage with Pontifical Catholic University of Rio de Janeiro (PUC-Rio) partnering with Cardano to explore blockchain applications in energy and finance. This institutional endorsement coincides with Kraken’s listing of Cardano’s snek token, signaling growing mainstream acceptance of CNTs.