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XRP Below $1.30: SEC Appeal Dropped, ODL Growth & the Triangle Breaking Down
Audio is available on Spreaker — see link below.
XRP crashed through $1.30 on heavy volume as Iran-driven risk-off pressure overwhelmed $1.44B in ETF inflows — but the SEC appeal is officially dead. Today's briefing breaks down the macro selloff, Ripple's clean regulatory win, ODL's 60% conversion gap, and what the symmetrical triangle breakdown means for price.
Audio is available on Spreaker — see link below.
XRP broke below one dollar thirty on heavy volume Tuesday, printing a low of one dollar twenty-nine thirty-one as sixty-four million tokens changed hands during the breakdown. That's the key support level this market had been defending for weeks.
The macro driver right now is geopolitical. Uncertainty around U.S.-Iran peace negotiations is feeding risk-off sentiment across crypto markets.
The one genuinely clean development this cycle is the SEC formally dropping its appeal against Ripple. Five years of litigation risk removed in a single procedural move.
On the utility side, On-Demand Liquidity processed fifteen billion dollars in cross-border payment volume in twenty twenty-four. That's a thirty-two percent increase year over year.
The technical picture adds pressure to the near-term outlook. XRP has been compressing inside a symmetrical triangle since early twenty twenty-five, with a floor around one thirty-two and resistance capped near one forty-five.
On-chain data does offer one counterweight. XRP is moving off exchange wallets despite the price weakness, suggesting longer-duration holders are accumulating rather than selling.
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