Ripple-linked XRP holds near $1.46 as breakout attempt fades despite $200 million raise
coindesk|2026年05月12日 04:58
XRP briefly pushed toward $1.49 on heavy volume before stalling again near a resistance zone that has capped rallies for months.
What to know : XRP is repeatedly testing the $1.47 to $1.50 resistance zone and now holding near recent highs, a shift that suggests sellers’ control may be weakening. Ripple’s prime brokerage arm is gaining institutional traction, with a new $200 million funding facility and tripled revenue amid growing demand for margin financing. Traders are watching $1.47 to $1.50 as key resistance and $1.43 to $1.45 as near-term support within a broader triangle pattern that could precede a larger directional move.
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