XRP’s Resilience Amid Market Turmoil: Key Resistance Level at $2.3 in Focus

Despite a recent 16% price drop to $1.76, XRP continues to garner confidence from experts like software engineer Vincent Van Code, who attributes the decline to broader market fear rather than intrinsic flaws. With Bitcoin also down 8% to $76,000, the crypto market faces a wave of selloffs. Van Code remains optimistic about XRP’s fundamentals, while analysts highlight the critical resistance level at $2.3 as a pivotal milestone for future gains. This article delves into the factors influencing XRP’s current trajectory and what lies ahead.

XRP Dump? Software Engineer Urges Caution

A well-known software engineer, Vincent Van Code, has expressed confidence in XRP despite its recent 16% price decline to $1.76. The selloff seems to be part of a bigger decline hitting several cryptocurrencies, with Bitcoin also dropping more than 8% to $76,000. According to Van Code, the recent price declines are a result of fear and not inherent issues with XRP itself.

Crypto Pundit Discusses XRP’s Critical Resistance Level at $2.3

Amidst ongoing market instability, a crypto pundit has highlighted a critical resistance level at $2.3 for XRP. The analyst notes that XRP has maintained strong support at $2, preventing further price declines despite many altcoins crashing this past week. If XRP can successfully break through the $2.3 barrier, it may see a positive move in the market.

Teucrium Launches Leveraged XRP ETF

Teucrium ETFs has launched a Leveraged XRP ETF named the Teucrium 2x Long Daily XRP ETF, designed to return twice the daily performance of XRP. The fund will begin trading under the ticker XXRP and has a 1.85% expense ratio. This is the first ETF in the U.S. to offer leveraged exposure to XRP, currently the fourth-largest crypto by market cap. Teucrium may eventually add XRP futures or other financial products tied to XRP if deemed appropriate. The launch comes after the U.S. Securities and Exchange Commission dropped its case against Ripple.

XRP Dives Below $1.80 Amid Tariff Shock; MAGACOIN FINANCE Raises $5.5M

Ripple (XRP) has taken a serious hit in the latest crypto correction, triggered by aggressive tariff measures announced by the Trump administration. XRP is now trading at $1.7917, down over 6.77% in 24 hours. The broader crypto market has been rocked by news of new international tariffs, sparking panic selling across altcoins. Meanwhile, MAGACOIN FINANCE, an emerging presale project, has raised $5.5M and is still targeting a $1 price by 2025, positioning itself as a standout opportunity in the current market turmoil.