XRP Price Jumps Above $2.12 as Supply Tightens, Traders Eye a Fresh “Squeeze”
XRP surged above $2.12 Monday, holding gains as buyers pushed past resistance and trading volume spiked, including a $23 million burst in one minute. Exchange balances hit multi-year lows while U.S.-listed spot XRP ETFs absorbed supply, CoinDesk reported. XRP outperformed bitcoin and ether, with its market value reaching about $121.7 billion. Technical traders are watching $2.128 as short-term support.