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The XRP price plunged 7% in the last 24 hours to trade at $2.125 as of 5:15 a.m. EST, with trading volume falling 18% to $4.3 billion.
This comes as Teucrium CEO Sal Gilbertie says they chose XRP for its real-world utility. He calls the Ripple token more useful than Bitcoin, which he sees as a store of value.
“We believe in XRP,” he said. “We’re not making a price prediction, but we do believe it’s a coin with the most utility out there.”
Moreover, Gilbertie said that Ripple’s team reminded him of investment bankers. “They know what they’re doing and will make this work,” he added.
Teucrium specializes in commodity ETFs (exchange-traded funds) and has recently shown increasing interest in digital currencies.
Can the diverted attention towards XRP increase its traction and investor confidence?
XRP Price Analysis: Potential Reversal As Falling Channel Breaks
The XRP price on the 12-hour chart shows a notable breakout from a well-defined falling channel that had constrained price movement since late January.
This breakout, followed by a short-term upward surge, indicates a shift from the previously bearish structure to a potentially bullish phase.
However, after testing the $2.20 region, the momentum of the Ripple token price has pulled back slightly, showing signs of hesitation, GeckoTerminal data shows.
The pattern suggests the breakout may require confirmation through sustained higher lows and stronger bullish volume.
Meanwhile, the 50 Simple Moving Average (SMA) sits at $2.07, while the 200 SMA is higher at $2.46. Currently, the price of XRP is trading between these two key levels, suggesting a neutral to slightly bullish stance, provided it can stay above the 50 SMA.
The Relative Strength Index (RSI) stands at 51.02, which is essentially neutral, neither overbought nor oversold. This implies a balanced momentum and room for movement in either direction.
If XRP can hold above the $2.07 support (50 SMA) and build on the breakout, it may attempt to retest the $2.45–$2.50 range, which aligns with the 200 SMA, a key resistance zone.
However, failure to maintain support could push XRP back towards the lower $2.00 area.
Meanwhile, investors are piling into a new AI content creation platform called SUBBD token (SUBBD) that’s exploded past $231k in presale funding in less than a month.
According to influential YouTube channel 99Bitcoins, which has over 725K subscribers, SUBBD has the potential to be the next 100X crypto.
SUBBD Presale Heads For $300K Milestone
With its AI-powered platform and native crypto token, SUBBD is revolutionizing creator-fan relationships.
From monetization and audience engagement to content generation and automation, SUBBD is the first to blend AI and Web3 in a way that helps creators thrive, eliminating hassle and allowing them to scale their output with ease.
SUBBD offers creators intuitive, organized structures and advanced technology that help them efficiently manage content and subscriber requests, reduce workload, and increase productivity.
Still chasing content like it’s 2013?
SUBBD gets you instant PPVs, exclusive drops, and closer to your fav creators.
No delays. No fuss. Just unfiltered access.
Platform’s coming. Presale’s already cookin’.
Watch the vid. See what’s in it for you. 👇 pic.twitter.com/cMHhClzn92
— SUBBD (@SUBBDofficial) April 10, 2025
Now, with the integration of a decentralized digital asset, creators can also unlock new income streams and more significant earning potential without middlemen taking a cut.
SUBBD token holders also have an opportunity to earn passively through the project’s staking platform, which offers a massive 20% annual percentage yield (APY).
Investors interested in participating in the presale can visit the official SUBBD website to buy SUBBD tokens for $0.055225 each using crypto or a bank card.
Buy before a price hike in around 2 hours to lock in the best deal.
Visit the SUBBD Token website.
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