The post Ripple Spikes 3% as Gold Slips and Bitcoin Extends Gains appeared on BitcoinEthereumNews.com. Cross-asset rotation drives fresh inflows into risk assets as XRP outperforms major altcoins, reclaiming the $2.50 handle before profit-taking sets in. News Background XRP posted a 3% intraday gain on Monday as traders rotated out of defensive assets amid gold’s pullback and a modest uptick in bitcoin. The move came as broader markets digested easing geopolitical tension and lighter U.S. inflation data, prompting short-term risk appetite across digital assets. Institutional desks reported renewed positioning in XRP ahead of the SEC’s pending ETF decisions, while Ripple’s ongoing $1 billion capital raise continued to support sentiment among professional traders seeking exposure to regulated-linked tokens. Price Action Summary The token surged from $2.47 to a session high of $2.56 during the 19:00 UTC breakout, marking a 3% advance on volume of 141 million — roughly 150% above its 24-hour average. Buying momentum faded near $2.56 resistance, triggering a measured pullback toward the $2.42–$2.45 zone where demand re-emerged. The final hour saw prices stabilize near $2.44 following a quick 1% bounce from $2.42 lows as market makers absorbed late-session selling. Total intraday volatility reached 6.4% across a $0.16 range, underscoring active institutional flow throughout the session. Technical Analysis XRP remains range-bound but constructive. The $2.42–$2.44 support band has held multiple retests, while the $2.54–$2.56 area continues to cap upside momentum. Volume spikes during breakout attempts indicate persistent institutional engagement, though the sequence of lower highs suggests short-term consolidation. A decisive close above $2.56 would expose $2.65 next; conversely, a breakdown below $2.42 could extend losses toward $2.35. RSI levels have moderated from overbought readings, leaving room for another push higher if volume returns. What Traders Are Watching • Cross-asset correlations — continued gold weakness or bitcoin strength could keep XRP supported.• Confirmation of ETF timelines from the SEC as a volatility catalyst.• Price stability… The post Ripple Spikes 3% as Gold Slips and Bitcoin Extends Gains appeared on BitcoinEthereumNews.com. Cross-asset rotation drives fresh inflows into risk assets as XRP outperforms major altcoins, reclaiming the $2.50 handle before profit-taking sets in. News Background XRP posted a 3% intraday gain on Monday as traders rotated out of defensive assets amid gold’s pullback and a modest uptick in bitcoin. The move came as broader markets digested easing geopolitical tension and lighter U.S. inflation data, prompting short-term risk appetite across digital assets. Institutional desks reported renewed positioning in XRP ahead of the SEC’s pending ETF decisions, while Ripple’s ongoing $1 billion capital raise continued to support sentiment among professional traders seeking exposure to regulated-linked tokens. Price Action Summary The token surged from $2.47 to a session high of $2.56 during the 19:00 UTC breakout, marking a 3% advance on volume of 141 million — roughly 150% above its 24-hour average. Buying momentum faded near $2.56 resistance, triggering a measured pullback toward the $2.42–$2.45 zone where demand re-emerged. The final hour saw prices stabilize near $2.44 following a quick 1% bounce from $2.42 lows as market makers absorbed late-session selling. Total intraday volatility reached 6.4% across a $0.16 range, underscoring active institutional flow throughout the session. Technical Analysis XRP remains range-bound but constructive. The $2.42–$2.44 support band has held multiple retests, while the $2.54–$2.56 area continues to cap upside momentum. Volume spikes during breakout attempts indicate persistent institutional engagement, though the sequence of lower highs suggests short-term consolidation. A decisive close above $2.56 would expose $2.65 next; conversely, a breakdown below $2.42 could extend losses toward $2.35. RSI levels have moderated from overbought readings, leaving room for another push higher if volume returns. What Traders Are Watching • Cross-asset correlations — continued gold weakness or bitcoin strength could keep XRP supported.• Confirmation of ETF timelines from the SEC as a volatility catalyst.• Price stability…

Ripple Spikes 3% as Gold Slips and Bitcoin Extends Gains

For feedback or concerns regarding this content, please contact us at crypto.news@mexc.com

Cross-asset rotation drives fresh inflows into risk assets as XRP outperforms major altcoins, reclaiming the $2.50 handle before profit-taking sets in.

News Background

  • XRP posted a 3% intraday gain on Monday as traders rotated out of defensive assets amid gold’s pullback and a modest uptick in bitcoin. The move came as broader markets digested easing geopolitical tension and lighter U.S. inflation data, prompting short-term risk appetite across digital assets.
  • Institutional desks reported renewed positioning in XRP ahead of the SEC’s pending ETF decisions, while Ripple’s ongoing $1 billion capital raise continued to support sentiment among professional traders seeking exposure to regulated-linked tokens.

Price Action Summary

  • The token surged from $2.47 to a session high of $2.56 during the 19:00 UTC breakout, marking a 3% advance on volume of 141 million — roughly 150% above its 24-hour average. Buying momentum faded near $2.56 resistance, triggering a measured pullback toward the $2.42–$2.45 zone where demand re-emerged.
  • The final hour saw prices stabilize near $2.44 following a quick 1% bounce from $2.42 lows as market makers absorbed late-session selling. Total intraday volatility reached 6.4% across a $0.16 range, underscoring active institutional flow throughout the session.

Technical Analysis

  • XRP remains range-bound but constructive. The $2.42–$2.44 support band has held multiple retests, while the $2.54–$2.56 area continues to cap upside momentum.
  • Volume spikes during breakout attempts indicate persistent institutional engagement, though the sequence of lower highs suggests short-term consolidation.
  • A decisive close above $2.56 would expose $2.65 next; conversely, a breakdown below $2.42 could extend losses toward $2.35. RSI levels have moderated from overbought readings, leaving room for another push higher if volume returns.

What Traders Are Watching

• Cross-asset correlations — continued gold weakness or bitcoin strength could keep XRP supported.
• Confirmation of ETF timelines from the SEC as a volatility catalyst.
• Price stability above $2.42 support; failure here risks momentum unwind.
• A breakout retest of $2.56 that could open targets toward $2.65–$2.70.

Source: https://www.coindesk.com/markets/2025/10/21/xrp-spikes-3-as-gold-slips-and-bitcoin-extends-gains

Market Opportunity
CROSS Logo
CROSS Price(CROSS)
$0.07168
$0.07168$0.07168
+0.06%
USD
CROSS (CROSS) Live Price Chart
Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact crypto.news@mexc.com for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.

You May Also Like

Stephen Gregory named binance us ceo as exchange targets expansion in US crypto market

Stephen Gregory named binance us ceo as exchange targets expansion in US crypto market

Binance.US names Stephen Gregory as binance us ceo, signaling expansion in the US crypto market with a renewed focus on compliance.
Share
The Cryptonomist2026/03/12 20:09
The Growing World of Medical Aesthetics: Enhancing Beauty Through Science and Innovation

The Growing World of Medical Aesthetics: Enhancing Beauty Through Science and Innovation

In recent years, the field of medical aesthetics has grown rapidly as more individuals seek safe and effective ways to enhance their appearance and improve their
Share
Techbullion2026/03/12 23:21
Why The Green Bay Packers Must Take The Cleveland Browns Seriously — As Hard As That Might Be

Why The Green Bay Packers Must Take The Cleveland Browns Seriously — As Hard As That Might Be

The post Why The Green Bay Packers Must Take The Cleveland Browns Seriously — As Hard As That Might Be appeared on BitcoinEthereumNews.com. Jordan Love and the Green Bay Packers are off to a 2-0 start. Getty Images The Green Bay Packers are, once again, one of the NFL’s better teams. The Cleveland Browns are, once again, one of the league’s doormats. It’s why unbeaten Green Bay (2-0) is a 8-point favorite at winless Cleveland (0-2) Sunday according to betmgm.com. The money line is also Green Bay -500. Most expect this to be a Packers’ rout, and it very well could be. But Green Bay knows taking anyone in this league for granted can prove costly. “I think if you look at their roster, the paper, who they have on that team, what they can do, they got a lot of talent and things can turn around quickly for them,” Packers safety Xavier McKinney said. “We just got to kind of keep that in mind and know we not just walking into something and they just going to lay down. That’s not what they going to do.” The Browns certainly haven’t laid down on defense. Far from. Cleveland is allowing an NFL-best 191.5 yards per game. The Browns gave up 141 yards to Cincinnati in Week 1, including just seven in the second half, but still lost, 17-16. Cleveland has given up an NFL-best 45.5 rushing yards per game and just 2.1 rushing yards per attempt. “The biggest thing is our defensive line is much, much improved over last year and I think we’ve got back to our personality,” defensive coordinator Jim Schwartz said recently. “When we play our best, our D-line leads us there as our engine.” The Browns rank third in the league in passing defense, allowing just 146.0 yards per game. Cleveland has also gone 30 straight games without allowing a 300-yard passer, the longest active streak in the NFL.…
Share
BitcoinEthereumNews2025/09/18 00:41