XRP and Binance Coin (BNB) Leverage Surge as Prices Eye Major Breakout Levels

XRP trades above $3 with potential 35% upside, while Binance Coin gains institutional support through Hong Kong exchange listing and ecosystem growth.

Godfrey Benjamin By Godfrey Benjamin Marco T. Lanz Editor Marco T. Lanz Updated 3 mins read
XRP and Binance Coin (BNB) Leverage Surge as Prices Eye Major Breakout Levels

Key Notes

  • Glassnode data reveals XRP and BNB open interest rising while Bitcoin and Solana positions decline significantly.
  • XRP maintains support at $2.95 with resistance targets at $3.12, $3.32, and potential move toward $4.00 mark ahead.
  • Binance Coin breaks $925 resistance following Hong Kong OSL exchange approval and sustained institutional demand growth.

XRP XRP $3.04 24h volatility: 0.2% Market cap: $181.62 B Vol. 24h: $3.86 B and Binance Coin BNB $954.0 24h volatility: 0.3% Market cap: $132.58 B Vol. 24h: $1.83 B are getting more attention this week as more people trade them, helping the price sustain its resilience.

Investors are now wondering if this resilience can trigger a breakout. The overall crypto market is also more active, but not all coins are showing the same strength.

The XRP and Binance Coin Leverage

Glassnode data shows traders are moving in different directions. Bitcoin BTC $116 071 24h volatility: 0.5% Market cap: $2.31 T Vol. 24h: $42.10 B and Solana SOL $235.6 24h volatility: 1.3% Market cap: $127.87 B Vol. 24h: $6.96 B saw a drop in their open interest, meaning fewer traders are holding leveraged positions.

On the other hand, Ethereum ETH $4 514 24h volatility: 0.4% Market cap: $545.57 B Vol. 24h: $28.23 B , XRP, and Binance Coin saw an increase in open interest, showing that more traders are stepping in with bigger bets.

For XRP, the recent push above $3 is being closely watched. The digital asset has been trading just above its former resistance at $2.95, now acting as support.

If momentum holds, the next upside levels sit near $3.12 and $3.32, with heavier resistance around $3.60. A clear move through these levels could open a path toward the $4.00 mark.

On the downside, support is near $2.60, a level that has drawn steady buying in recent weeks. The repeated rebounds from lower levels suggest there is buyer interest each time the price dips, and charts point to as much as 35% upside if strength continues.

Crypto analyst Ali Martinez recently noted that XRP whales sold 40 million coins, sparking some panic in the market.

Binance Coin has shown a different kind of lift. The coin rose more than 2% in the last 24 hours and over 13% in the past month.

Interestingly, the gains are tied to fresh institutional demand and steady growth in the BNB ecosystem. Binance Coin is now listed on Hong Kong’s licensed exchange OSL HK.

Binance founder CZ said this makes BNB the fifth approved digital asset available for trading in the region.

On the charts, Binance Coin broke above $925, with momentum indicators still positive. Traders are watching resistance near $958, while support remains firm at $922 and $875.

Based on the price outlook, a push higher could take the coin toward the $996 zone. With both institutional inflows and reduced supply, Binance Coin has been able to keep pace with rising open interest, showing strong participation from leveraged traders.

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The BTC HYPER protocol is designed to enhance transaction speeds and reduce costs while leveraging Bitcoin’s security. The presale has raised a total of $6,873,141.49, reflecting growing adoption of the project.

Current Presale Stats:
Current Price: $0.012525
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Ticker: HYPER

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Disclaimer: Coinspeaker is committed to providing unbiased and transparent reporting. This article aims to deliver accurate and timely information but should not be taken as financial or investment advice. Since market conditions can change rapidly, we encourage you to verify information on your own and consult with a professional before making any decisions based on this content.

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Godfrey Benjamin

Benjamin Godfrey is a blockchain enthusiast and journalist who relishes writing about the real life applications of blockchain technology and innovations to drive general acceptance and worldwide integration of the emerging technology. His desire to educate people about cryptocurrencies inspires his contributions to renowned blockchain media and sites.

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