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🔥 Day 8 Hot Topic: XRP ETF Goes Live
REX-Osprey XRP ETF (XRPR) to Launch This Week! XRPR will be the first spot ETF tracking the performance of the world’s third-largest cryptocurrency, XRP, launched by REX-Osprey (also the team behind SSK). According to Bloomberg Senior ETF Analyst Eric Balchunas,
USUAL Holds Above Breakout Level As Volume Jumps 78%, Eyes Key Resistance At $0.1132
USUAL price increased by 4.15%, now trading near $0.09082 after a confirmed breakout and retest.
Daily volume surged 78.27% to $61.75M, while market cap rose to $101.93M.
Resistance levels to monitor: $0.1132, $0.1769, and $0.2038.
USUAL has returned to a key support zone following a confirmed breakout and retest on the daily timeframe. After breaking above the descending resistance trendline in July, the token retested the breakout point and is now trading near $0.08985. Price action shows a 4.15% increase over the past 24 hours, accompanied by a significant surge in trading volume.
Source: CoinMarketCap
The daily volume rose to $61.75 million, marking a 78.27% increase. At the same time, the token’s market capitalization climbed to $101.93 million, up 7.22% in the last session. The unlocked market cap currently stands at $110.25 million. These numbers align with recent structural movements that placed the asset into a consolidation band before resuming upward action.
Descending Trendline Broken, Price Holds Within Post-Breakout Zone
The chart shows USUAL consolidating under pressure throughout May and June before compressing into a symmetrical wedge. A breakout followed in mid-July, supported by rising volume. Price then pulled back for a retest of the breakout area, now acting as a support range around $0.0902.
This region aligns with previous accumulation activity and sits just above lower support near $0.0736. The market respected this level during the retest phase, providing temporary validation of the new support structure. Resistance remains visible at $0.1132, a level that capped gains earlier in the cycle.
Key Resistance Levels Define Next Range, Upside Potential Remains Defined
As long as price holds above 0.0903, the next resistance a buy could attempt is 0.1132. Nonetheless, if selling pressure gains traction, downside risks rise to the lower green band, which is pegged at about 0.0736.
The upper limit of the projected region lies at $ 0.1769, but the wider upside scale extends to the level of $ 0.2038. As long as momentum is intact, upward continuation will need to be supported with sustained closes above resistance.