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VivoPower Drops $121M Bet on XRP Treasury—But the Market Just Shrugs

VivoPower Drops $121M Bet on XRP Treasury—But the Market Just Shrugs

Published:
2025-05-29 04:16:04
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Another day, another corporate ’vote of confidence’ in crypto that leaves prices unmoved. VivoPower’s nine-figure treasury play for XRP barely caused a ripple—because in 2025, institutional money chasing digital assets is about as surprising as a banker taking a long lunch.

XRP’s flatline reaction says it all: the market’s jaded. After years of ’game-changing’ announcements that changed nothing, even $121M commitments barely move the needle. Maybe next time someone should tell VivoPower that in crypto, you need to at least pretend the money’s going toward memecoins if you want a price bump.

XRP trades flat despite VivoPower announcing $121M raise to back XRP-focused treasury - 1

XRP price analysis. Credit: crypto.news

The majority of moving averages are flashing sell signals, particularly the 10–30 EMAs and SMAs. The longer-term averages, such as the 100- and 200-day SMAs, remain above the current price levels, indicating that the bullish sentiment hasn’t entirely subsided.

If XRP can recover the $2.40 resistance level with more volume, it might retest the upper end of its weekly range at $2.47 and possibly break higher in a bullish scenario. In the short term, a push above that might pave the way toward $2.60.

However, XRP may return to the $2.10 support level if selling pressure increases and the price falls below $2.24. With organizations like VivoPower entering the market and investors’ attention now turning to the Securities and Exchange Commission’s pending rulings on XRP ETFs, XRP remains a token to keep an eye on.

|Square

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