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XRP News: $1.49B Unlock Leaves Net Supply Unclear

XRP price analysis weighs Ripple’s 1 billion XRP escrow release against $1.50 resistance, with sales and net supply still unconfirmed.

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Key points

  • Ripple released 1 billion XRP from escrow worth about $1.49 billion across four transactions of 400M, 300M, 200M and 100M, executed within minutes.
  • The article says the unlock is part of Ripple's monthly escrow cycle, and net market supply remains unconfirmed until on-ledger re-escrowing or transfers are visible.
  • XRP was testing $1.50 with the 50-period EMA capping price, RSI at 44.56, and support cited near $1.47 and $1.41–$1.45.

AI summary of Cryptonews’s report, written only from the publisher’s text. Read the original for full context.

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