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XRP Price Prediction: Korean Traders Put XRP Above Bitcoin in Volume as Price Presses $1.50


XRP Price Prediction: Korean Traders Put XRP Above Bitcoin in Volume as Price Presses $1.50

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AI Overview

XRP saw $110.9M in 24‑hour trading volume on Upbit on May 12, surpassing Bitcoin ($88.6M) and Ether ($67M), while spot XRP ETFs registered $5.31M of inflows on May 12, lifting cumulative ETF inflows to $1.36B and total net assets to $1.16B. Price trades at $1.4602 on May 13, holding higher lows above $1.40 but repeatedly failing to close above the $1.49–$1.50 resistance since February as a daily symmetrical triangle compresses toward resolution, indicating stronger adoption and liquidity despite near‑term technical resistance in this crypto token.

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  • XRP’s won pair was the most traded market on Upbit with $110.9M in 24h volume, beating Bitcoin’s $88.6M and Ether’s $67M on the same exchange
  • Price has failed to close above the $1.49 to $1.50 resistance zone since February despite holding higher lows above $1.40 support
  • XRP spot ETFs pulled $5.31M in daily inflows on May 12, pushing cumulative total to $1.36B with total net assets at $1.16B

XRP trades at $1.4602 on May 13, sitting directly below the $1.49 resistance zone it has failed to clear since February, as Korean traders push XRP above Bitcoin in Upbit volume for the first time in months and the symmetrical triangle on the daily chart presses toward resolution.

XRP Daily Chart: Triangle Apex at the Same Ceiling That Has Held All Year

XRP Daily Price Action (Source: TradingView)

The daily chart has one clear story. XRP has been compressing inside a symm…

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In This News

Coins

$ 63.90K

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$ 1.09

-0.96%

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