XRP has been rejected four times at the key downtrend line and is currently testing the $2.13 level, with support at $1.95 and resistance between $2.4 and $2.6. Although XRP spot ETF inflows have reached $1.26 billion, derivatives trading activity shows traders are withdrawing, with futures trading volume down 30%. Meanwhile, Ripple announced a $150 million investment in LMAX Group to integrate its $1.4 billion market cap stablecoin RLUSD into LMAX's institutional trading platform.
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XRP has been rejected four times at the key downtrend line and is currently testing the $2.13 level, with support at $1.95 and resistance between $2.4 and $2.6. Although XRP spot ETF inflows have reached $1.26 billion, derivatives trading activity shows traders are withdrawing, with futures trading volume down 30%. Meanwhile, Ripple announced a $150 million investment in LMAX Group to integrate its $1.4 billion market cap stablecoin RLUSD into LMAX's institutional trading platform.