XRP News Today: Crypto Market Cap Rises 1.10% to $3.32 Trillion as Bitcoin and Ethereum Gain Traction

The crypto market has started the week on a relatively stable footing, with the global crypto market cap rising by 1.10% to $3.32 trillion. This increase indicates growing activity as traders anticipate potential market-moving events. The Fear & Greed Index stands at 50, reflecting a neutral sentiment across both retail and institutional investors.

While ETF inflows are providing crucial support to market leaders, Ethereum is particularly drawing attention due to its institutional traction. XRP is also gaining traction thanks to its $1 billion in treasury commitments and the anticipation surrounding the Ripple vs SEC case. This has led to increased interest in the price predictions for Bitcoin, Ethereum, and XRP.

Bitcoin is currently trading at $107,113, with a marginal 1.02% spike in the last 24 hours. The price remains in a narrow consolidation pattern on the daily chart, hovering just below its recent swing high. With ETF momentum fueling demand, a breakout above the $107,000 resistance could send BTC flying toward $110,000. However, if selling pressure intensifies below $105,000, a slide to the $102,800 support could follow. With volume up nearly 11%, bulls seem to be holding their ground for now. A sustained push above $106,800 would confirm bullish continuation.

Ethereum has outperformed Bitcoin this week, rallying 3.33% to trade at $2,627, with a notable $5 billion in ETF inflows and a 40% surge in trading volume. On the technical front, ETH is attempting to break out of a sideways channel. A clean break above $2,633, its recent high, could fuel a rally toward $2,750–$2,800, especially with institutional backing on the rise. However, if ETH fails to hold above the $2,550 level, a retracement to $2,450 could be expected.

XRP is currently trading at $2.18, up 1.60%, but still below its 50-day SMA of $2.28, signaling short-term caution. The token is above the 200-day SMA of $1.91, reinforcing longer-term strength. With support near $2.0145, the downside seems limited in the short term. Immediate resistance lies at $2.45, and a weekly close above that could reignite hopes for a rally toward the psychological $3 level. Traders are closely watching the Ripple vs SEC case, with Judge Torres expected to deliver a verdict, an event that could dramatically shift price dynamics.

According to the analyst's forecast, if Bitcoin can sustain above $106,800, the charts suggest a breakout toward $110,000 is likely, supported by ETF inflows and improving volume. Ethereum has seen stronger institutional inflows into its ETFs, and its technical structure is showing signs of a bullish breakout above key resistance. A favorable verdict in the Ripple vs SEC case could be a major catalyst, potentially propelling XRP above $2.45 and toward $3.00. However, short-term price action remains cautious until the verdict is confirmed.