XRP's price is holding steady above $3, consolidating after recent gains. The cryptocurrency has seen a large-scale movement with 100,000 XRP ($300M) transferred from Binance to cold storage, signaling potential investor confidence.
The CME Group has confirmed the listing of XRP futures ETFs on February 10, which may influence market dynamics. Technical indicators show cautious optimism, with strong support at $3.
However, XRP faces immediate resistance in the $3.20-$3.30 range, marked by a bearish trend line. Market participants are watching this resistance level closely.