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XRP Price Prediction: Can Permissioned DEX Catalyst Reverse Downtrend?


XRP Price Prediction: Can Permissioned DEX Catalyst Reverse Downtrend?

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AI Overview

XRP price is currently at $1.4236, reflecting a 0.18% increase over 24 hours, with open interest down 4.21% to $2.37B. The XRPL has activated the XLS-81 Permissioned DEX amendment, allowing regulated institutions to trade in restricted venues. XRP is trading below key EMAs with significant resistance at $1.5116.

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  • XRP consolidates near $1.4236 as open interest drops 4.21% to $2.37B and volume falls 7.34% to $3.73B.
  • XRPL activates XLS-81 Permissioned DEX amendment, creating members-only trading venues for regulated institutions.
  • Price trades below all major EMAs and Bull Market Support Band at $2.1067, with $1.5116 as first resistance zone.

XRP price today trades near $1.4236, up 0.18% in the past 24 hours as the token consolidates after recovering from the $1.15 February low. The move comes as the XRP Ledger activated the XLS-81 “Permissioned DEX” amendment, enabling gated onchain trading venues where only approved participants can place and accept offers.

XRPL Activates Permissioned DEX For Regulated Institutions

The XRP Ledger has activated the Permissioned DEX amendment, a technical upgrade designed to let regulated institutions trade on XRPL without opening markets to…

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Coins

$ 1.27

-3.19%

$ 0.0162

+0.61%

Funds

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View analytics →
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