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The XRP price dropped 3% in the past 24 hours to trade at $3.14 as of 5:31 a.m. EST, with a 9% rise in trading volume to $6.3 billion.
This comes even after Gemini announced that they have added the Ripple token, Shiba Inu (SHIB), Dogecoin (DOGE), Solana (SOL), and Bitcoin Cash (BCH) to their cross-collateral options.
Cross-collateralization allows investors to use multiple crypto assets for trading derivatives.
Could the adoption of XRP as collateral by fintech firms catalyze XRP’s price?
XRP Price Still Bullish Despite 3% Drop
The XRP price has recently broken out of a descending triangle pattern, which is an invalidation of the bearish outlook that the triangle presents.
A breakout occurred after a period of consolidation between the $2.00 and $2.50 range. The Ripple token price surged to a recent high of $3.65 before pulling back slightly to around $3.15, respecting the Fibonacci extension levels, as GeckoTerminal data shows.
The 50 Simple Moving Average (SMA) on the 3-day chart is trending upward and currently sits near $2.36, acting as near-term support. The 200 SMA remains well below at $1.33, further affirming the strength of the broader uptrend.
Meanwhile, the Relative Strength Index (RSI) is at 66.41, indicating that XRP is approaching overbought territory but has not yet crossed the 70 threshold, suggesting there could still be room for a rally.
The Fibonacci retracement levels show key support zones at $2.93 (0.236) and $2.48 (0.382), which may act as strong support if the price of XRP retraces further.
XRP appears poised for continued upward momentum. If it holds above the $3.00 psychological level and the 0.236 Fibonacci retracement, it could retest the recent high at $3.65.
However, failure to hold $3.00 may lead to XRP pulling back to the $2.48 and $2.12 levels, which are the 0.382 and 0.5 Fibonacci levels, respectively.
Meanwhile, investors are piling into a new meme coin called TOKEN6900 (T6900), which, according to 99Bitcoins, a popular YouTube channel with over 723k subscribers, could surge 100X after launch.
TOKEN6900 Presale Races Towards The $2 Million Mark – Best Crypto To Buy Now?
TOKEN6900 is quickly emerging as one of the most talked-about low-cap meme coins in the current crypto cycle.
With its presale already raising over $1.38 million and a hard cap set at $5 million, early investor interest is ramping up.
In an era where utility dominates crypto narratives, TOKEN6900 flips the script with no promises, no fundamentals, and a growing cult of brain-rot believers.
The token, built on the Ethereum blockchain, is designed to turn collective brain-rot into a tradable ticker. It added one more token than SPX6900 to its total supply simply because it could.
It doesn’t track GDP, oil reserves, or corporate earnings. Instead, it tracks what it calls “vibe liquidity.” It’s not built on fundamentals, but rather on delusion, irony, and the collective hallucination of terminally online traders.
TOKEN6900 RAISED $1M. pic.twitter.com/6WYygEshhq
— Token6900 (@Token_6900) July 23, 2025
TOKEN6900, the self-described Non-Corrupt Token (NCT), refuses to play the traditional crypto game. There are no AI integrations, no metaverse plans, no partnerships with legacy finance, and no centralized VC allocations.
Instead, 80% of the token’s supply is allocated to the public presale, with no private rounds or whitelist favorites.
Priced at $0.00675, you can buy T6900 tokens with ETH, BNB, USDT, USDC, or a bank card. For passive income, investors can stake T6900 tokens for a 44% annual percentage yield (APY).
With a $5 million hard cap and rising hype, analysts expect the presale to sell out fast.
Investors looking to secure the best deal should buy before a price hike in about 15 hours.
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